Saturday, August 28, 2010

Reprinted Warren Buffett's childhood - Bowen Preview

Reprinted Warren Buffett's childhood on Aug. 26,golf cart bags, 2010

Pollard doctor almost from his awakening in the world since that day, 6 pounds, 5 weeks premature and Warren? Pakistan Buffett on the digital fond of. When he was a child, the regular and partner Bob? Russell in the Russell family on the front porch in time to spend an afternoon: watching the busy intersection, record the license numbers of vehicles coming and going. After dusk, they returned to the house, expand the \number of \

Warren has a pair of blue eyes, white skin and pink jaw. He was interested in not only digital, but the money. He has the first property is Aunt Alice gave him at Christmas nickel wallet, he was always proud to put it tied to his belt. He also only 5 years old at the time, Warren on the aisle in the home, a place to sell chewing gum stalls, people selling to the past. Later, he started selling lemonade - this time piece is not in the Buffett family secluded street, but in the Russell home front, there is a bustling city.

9 years old, Warren and Russell in the Russell home counting stations across the machine from a soda bottle out of a few. This is not a silly move, but a simple market survey. How many cups orange juice? Coke and the number of non-alcoholic drinks? Two little boys, the arrival of these caps transport vehicles, then put them in the basement of Warren home storage piles to set up. They want to know: what the best selling brands? Who is the most prosperous business?

When most kids still know nothing about business when Warren made from his stockbroker father got into the hands of paper stocks and tapes, he put them on the ground and the S & P index with the father's offer to resolve these symbols. He is also a local golf course grass, but can also be used to find the sale of golf. He also went to the racetrack, in full of sawdust on the floor around the search, to those who have been torn discarded stubs over and he sometimes can find some of the prizes but do not accidentally throw away the tickets. In the hot Nebraska summer,ladies golf bags, Warren and Russell go to the \In the evening, enveloped in the quiet Midwest dusk, they sit on the front porch of the pulley on the Russell family to Akira to shake. This time, traffic and trams a wholly sound in Warren's mind an idea formed. Russell had just opened to see many homes in front of the car, Warren would say, \

So, what is the root of all this then?

at home, three children in Warren ranked second child, was the only son. His mother came from a small town in Nebraska, is a petite woman and lively temperament. She was a good wife, as well as \Warren's father, both serious and kind, his life Warren is a decisive effect. He, in Warren's eyes show a world of stocks and bonds, and planted the seeds for future development. So, what exactly is it that makes such a rich education from Warren, cozy home out - crawling around the floor of the racetrack? Exactly what makes him for many years to be able to display their special skills: he can calculate in mind large amounts of data, but also the population of Akron, as I remember, as easy to remember the vastness of the data, once again shocked the business colleagues? Warren's sister, Roberta asserts: \, there is no denying in the process of growing up, he gives his influence and guidance.

father, Warren, Howard has been to demonstrate confidence in the same time, Warren did anything to support it. So, while Warren took in her character that Lotte, his entire world revolved around his father was.

6 feet tall and Howard, both in the body, or other pillars are the family, his hard work to earn money to support their families. He not only commission income from the Omaha slaughterhouse also has a small business - South Omaha keeping the company's revenue.

Howard that Roosevelt is making the dollar, gold was distributed to the children, returned home, acquired a lot of beautiful furnishings, not only crystal chandeliers, silver platters, as well as oriental charm of tapestry. All reflect his view, physical property better than the dollar. He even stockpiled canned food, bought a farm, aimed at hyperinflation for the family to find a shelter.

Howard put great emphasis on the principle used to develop independent thinking, he let the children gathered around them to recite a section of Emerson's famous:

of the greatest people in the noisy crowd in perfect independence and human dignity.

Howard also instill religious values to children, but still uses a secular education. Few weeks which he did not remind the kids to remember their responsibility - not just the responsibility to God, but also social responsibility. He always said to them: \on the other side said: \have to be a good person. \

new aircraft like the other children fell in love with, like, Warren was deeply attracted by the stock. He often went to Howard increasingly booming stock exchange. In his father's office, Warren often stare at those collection of words in the printed gilt counter stocks and bonds in the documents. In Warren's eyes, they have a magical attraction.

home, Warren, began to draw stock chart yourself, observe the situation of its ups and downs, gave rise to the situation he would like to explain the idea. 11 years old, he was 38 U.S. dollars per share price, the resolutely urban facilities to buy 3 shares of preferred stock, and gave her sister Doris also bought 3 shares. However, urban facilities, stock price fell 27 U.S. dollars. When stock prices rose again to 40 dollars, Warren threw out the stock, after deducting the commission, for the first time in the stock market gained a net profit of 5 dollars, the result of his shot near the stock, the stock rose to 200 U.S. dollars. This was his patient and not be the first lesson.

Warren has done a good job tracking information. Principia Mathematica by winning or losing inspired decision, he and Russell developed a set of Happy Valley for use by the information system. A few days later, they found the system effective, so they are in the \With Russell's words is: \\In contrast, he did not support those who handed down the family creed, even when he was still very young, it becomes too mathematical, too logical.

childhood Warren had sat in the Rose Hill School's fire escape, the calm of his friends say that he will make a fortune before the age of 35. He never showed boasts signs of swollen head (using simple language to describe Russell is \

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