American business magnate, Warren Buffett, is widely considered the most successful investor of the 20th Century. Even as a child, Buffett displayed an interest in making and saving money, selling chewing gum door-to-door, delivering newspapers, and working in his grandfather’s grocery store. Buffett filed his first tax return in 1944 (age 14), taking a $35 deduction for the use of his bicycle and watch on his paper route.
From an early age, it’s clear that Buffett was destined for success.
Today, many business professionals look up to Warren Buffett, respecting not just his investing philosophy, but his extensive philanthropic efforts. However, Buffett’s rise to the top hasn’t exactly been smooth sailing. Like any other investor, Buffett’s portfolio has had a few bad apples.
In our latest Slideshare presentation, Firmex brings together a collection of Warren Buffett investments to highlight that even great investors can make mistakes.
“You don’t need a lot of brains in this business…What you do need is emotional stability.”
Warren Buffett (and Jay-Z) share some of their investing secrets.