Warren Buffett is an investing legend. They even call him the Oracle of Omaha. While in high school, he made money delivering newspapers, selling golf balls and stamps, and detailing cars. He was fixated on money because his dad lost his stockbroker job early in Warren Buffetts life and money became tight for the Buffett family. Luck changed and his dad eventually became a congressman. By the time he finished college, Warren Buffett had saved nearly $10,000 US dollars a large sum in those days.
Stay tuned to Part 2
Here are some lessons Warren Buffett has taught:
- Live below your means
- Skip meetings and other unnecessary time wasters
- Practice your communication skills
- Research before you invest
- Resist trends
- Have fun