This official biography of Warren Buffet begins with a humble picture of the young Omaha boy who would eventually become the real estate mogul and business guru we know today. We learn that Warren's interest in business begun very early in life. In addition to encyclopedic memorization skills (memorizing baseball stats), Warren also had a knack for business, selling gum and soda by age nine.
By age eleven, Warren had saved up more than a hundred dollars (worth thousands of dollars in today's economy). When he turned twelve, he realized that by becoming not just a delivery boy but a paper salesman, that he could earn $175 per month from subscriptions. This twelve year old boy was officially earning more money than his own teachers. When he went to apply for Harvard, he was rejected, but Buffet decided to use that rejection as fuel in his passion for business.
Over the course of his young life, Warren's go-get-her attitude led him to work hard, even when he couldn't yet see the results. He also became very frugal, and when he began a real estate firm, he told the shareholders to never expect dividend checks (meaning he would always choose to reinvest the profits and never split up the excess, like many companies do). By age 35, Buffet had his first $1,000,000 in the bank.
When GEICO asked for his investment, Buffet decided to join their board as an investor, but then when the Salomon Brothers were caught with their hand in the cookie jar, Warren stepped up as interim-CEO of GEICO to help the company survive the scandal.
When Microsoft was still in its infant form, Warren Buffet was befriended by Bill Gates, and he invested a considerable amount of money in Gates's computer business. Then, when the company sky-rocketed to the top, Buffet made an enormous amount of money from the dividends.
By the time this biography was commissioned, Buffet had a made a name for himself as a stock-broker, investor, financial analyst, business guru, and perhaps most importantly to the general public, Buffet began teaching about financial growth.
