📚 2. Warren Buffett – The Value Investing Legend

 

📚 Warren Buffett – The Value Investing Legend

🧒 Early Life & Business Instinct:

• Born in 1930 in Omaha, Nebraska, Warren Buffett showed business acumen from a young age.

• At age 11, he bought his first stock: 3 shares of Cities Service.

• By age 14, he was filing taxes and had bought land to rent out.

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🎓 Education & Mentorship:

• Studied under Benjamin Graham at Columbia Business School — the father of value investing.

• Graham’s book, “The Intelligent Investor,” became Buffett’s investing bible.

• After college, Buffett worked at Graham's firm and refined his investment philosophy.

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🏢 Berkshire Hathaway – From Textile Mill to Investment Empire:

• In the 1960s, Buffett began acquiring shares in Berkshire Hathaway, then a failing textile business.

• Eventually took over, repurposing it as a holding company for insurance and investments.

• Used “float” (insurance premiums) to invest in undervalued companies.

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📈 Iconic Investments:

Buffett’s value investing strategy focused on:

• Buying great businesses at fair prices

• Long-term holding, low turnover

• Strong management & predictable earnings

Notable Holdings:

• Coca-Cola (since 1988)

• Apple (now Berkshire's #1 holding)

• American Express, Geico, Bank of America

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💰 Wealth & Recognition:

• Net worth: Over $130 billion (as of 2025)

• Donated more than $50 billion to charity through the Gates Foundation and personal giving.

• Co-founded The Giving Pledge, encouraging billionaires to donate most of their wealth.

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🧠 Key Lessons from Buffett:

Principle	How Buffett Applies It
Patience	"The stock market is a device for transferring money from the impatient to the patient."
Simplicity	He avoids complex tech stocks he doesn't understand.
Long-Term View	"My favorite holding period is forever."
Discipline	Doesn't follow trends or hype; sticks to his strategy.
Frugality	Still lives in the same house he bought in 1958!

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🧓 Buffett’s Daily Habits:

• Reads 5–6 hours per day: newspapers, reports, books.

• Avoids distractions: No smartphone, rarely uses email.

• Surrounds himself with smart, ethical people (like Charlie Munger).

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🔥 Famous Quotes:

“Be fearful when others are greedy and greedy when others are fearful.”

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

“Price is what you pay. Value is what you get.”

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🎯 Legacy & Wisdom:

Warren Buffett teaches us that discipline, patience, and value-based decisions lead to long-term success.
You don’t need to be flashy — just smart, steady, and ethical.