Born: August 30, 1930, Nebraska, US | Successful For: Investor, Philanthropist | Zodiac Sign: Virgo
“Without passion, you don’t have energy. Without energy, you have nothing”
– Quote by Warren Buffett
Inner Keys to Success:
Warren Buffett Was A Risky Individual Always Looking For Opportunity:
Warren Buffett was and is still an extremely bold and risky individual. This has given him confidence in himself and in his decisions. Bold enough, he once waited for a janitor to open the doors at the GEICO headquarters to get the chance to speak with now long time friend and mentor, Lorimer Davidson who was the Vice President of that company. Lorimer claims that he found Warren to be “an extraordinary man” after just 15 minutes. When Buffett was young, he would go door to door selling chewing gum, Coca Cola, or weekly magazines and while he was still in high school, he carried out many successful money-making ideas such as selling golf balls, delivering newspapers, stamps, and detailing cars.
Warren Buffett Understands That Success Without Gratitude Is Not REAL Success:
Warren Buffett is known to be a very humble and grateful man. His idea of “spoiling” himself as a billionaire is by buying an F150 truck. He’s donated billions of dollars to charities and understands that in order to build success you need to be appreciative of every opportunity and give back, not just for good karma, but for truly making a difference. Warren Buffett has pledged to give away 99% of his fortune to many global causes, primarily to the Gates Foundation. He has often stated that his children will not inherit a significant amount of his wealth because he wants them to stay grounded saying “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing.”
Warren Buffett Gained Extensive Knowledge In His Passion. Knowledge Is Power:
He understands that learning is essential for success. Warren Buffett has been growing and expanding himself pretty much his whole life and he went to numerous reputable universities and even taught at a college. Nevertheless, he has learned just as much from books as he has from his experiences. Buffett gained valuable life lessons from gambling and risking money at such a young age which significantly contributed to his later milestones. His high school yearbook picture read “likes math; a future stock broker” as Buffett displayed a very keen interest in making and saving money. He even took a deduction on his first tax file for his paper route and he bought 3 shares of Cities Service Preferred when he was only 10 years old. Buffet and a friend spent $25 to purchase a used pinball machine, which they placed in the local barber shop and within a few months, they owned several machines in different barber shops.
“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Quote by Warren Buffett
Little Known Success Fact:
It was reported that there were at least 47 books in print with Warren Buffett’s name in the title alone. Warren Buffett is an extremely established and well respected entrepreneur who definitely knows his share about how, when and where to invest money. At the same time he is a very humble person who doesn’t live in a huge mansion like most of the rich, but still lives in the same house he bought in 1958 for only $31,500!
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- Image: http://upload.wikimedia.org/wikipedia/commons/b/bd/Jing_Ulrich_and_Warren_Buffett.jpg