Dude stop game full play threw4/28/2023 ![]() By the time he finished college, Buffett had accumulated $9,800 in savings (about $112,000 today). He bought the land when he was 14 years old with $1,200 of his savings. In high school, he invested in a business owned by his father and bought a 40-acre farm worked by a tenant farmer. At 15, Warren made more than $175 monthly delivering Washington Post newspapers. At 11, he bought three shares of Cities Service Preferred for himself, and three for his sister Doris Buffett (who also became a philanthropist). On a trip to New York City at age ten, he made a point to visit the New York Stock Exchange. Investor Benjamin Graham influenced young Buffettīuffett's interest in the stock market and investing dated to schoolboy days he spent in the customers' lounge of a regional stock brokerage near his father's own brokerage office. They sold the business later in the year for $1,200 to a war veteran. Within months, they owned several machines in three different barber shops across Omaha. In 1945, as a high school sophomore, Buffett and a friend spent $25 to purchase a used pinball machine, which they placed in the local barber shop. On his first income tax return in 1944, Buffett took a $35 deduction for the use of his bicycle and watch on his paper route. While still in high school, he made money delivering newspapers, selling golf balls and stamps, and detailing cars, among other means. ![]() He worked in his grandfather's grocery store. In one of his first business ventures, Buffett sold chewing gum, Coca-Cola bottles, and weekly magazines door to door. Much of Buffett's early childhood years were enlivened with entrepreneurial ventures. He was inspired by a book he borrowed from the Omaha public library at age seven, One Thousand Ways to Make $1000. īuffett displayed an interest in business and investing at a young age. In 1942, his father was elected to the first of four terms in the United States Congress, and after moving with his family to Washington, D.C., Warren finished elementary school, attended Alice Deal Junior High School and graduated from what was then Woodrow Wilson High School in 1947, where his senior yearbook picture reads: "likes math a future stockbroker." After finishing high school and finding success with his side entrepreneurial and investment ventures, Buffett wanted to skip college to go directly into business but was overruled by his father. He began his education at Rose Hill Elementary School. ![]()
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