Thursday, September 25, 2008

Warren Edward Buffett:-

Warren Edward Buffett Biography : Famous American Investor - Stock Market Guru
Famous for : The successful Berkshire Hathaway Company, being one of the richest men in the world, and for being a generous philanthropist.
Buffet details : Born - August 30, 1930 Omaha, Nebraska, USA / Lives - United States of America - Omaha
Warren Buffett was born in Nebraska, Omaha USA on the 30th of August in 1930. He is one of the worlds richest men, with a fortune that is only surpassed by Bill Gates of Microsoft fame. He is considered one of the most successful investors of all time and has picked up the nickname of the "Oracle of Omaha".
Buffett was born to Leila and Howard Buffett and was the second of three children, he being the only boy. Buffett's father, Howard was a stockbroker and also became a member of congress. Warren Buffett showed early signs of being entrepreneurial through being involved in various business dealings as a child, including purchasing bottles of cola cheaply and selling them for a profit. He also made his first investment in the stock market when he was just 11 years old.
Buffett began studying at the Wharton School of Finance at the University of Pennsylvania, but transferred to the University of Nebraska where he graduated. He then went on to the Columbia University to do a Masters in economics. This was where he met the influential value investor Benjamin Graham.
The young investor was very influenced by Benjamin Graham and went to work for him in his company "Graham-Newman". It was here that Warren Buffett developed many of his stock market investing skills that have now become legendary. Graham developed a method where investors could work out the intrinsic value of a company and make intelligent investing decisions by comparing the stock price to the intrinsic value.

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