The Phenomenona of Warren Buffett by Erdni

http://i.telegraph.co.uk/multimedia/archive/02365/warren-buffett_2365411b.jpg
Waren Buffet Portrait


Warren Buffet is American shareholder and one of the most famous investor in the world. His capital was $71.4billion in 2015. The secret of him doesn’t know anyone, but Buffet day by day rising up his money. People call him “Predictor”, “Wizard of Omaha or Oracle of Omaha”. In 2010, he gave 50% – $37 billion of his all money to charitable foundations and it was the biggest step in charity history. That’s why people also call him the biggest philanthropist in the world history. 


His story started when he was 6. He sold a pack of Coca Cola and got 5 cents of profit.

While his elementary school classmates were dreaming about the major leagues and Hollywood, 10-year old Buffett was having lunch with a member of the New York Stock Exchange and setting life goals. Buffett’s legendary career all began with at age 10 when he went on a trip to with his dad. Dining with a member of the NYSE in New York the idea in young Buffett’s head was planted to organize his life around money. He was rejected from Harvard Business School just like other famous people were rejected from important Universities.

His house is a simple five-bedroom home in Omaha, Nebraska that he bought in 1956 for $31,500. According to Trulia,  you can be Buffett’s neighbor, except the house across the street will cost you about $2.15 million.

Also, I have to talk about his love of Coca-Cola. Buffet love Coca Cola. He drinks 3 cans of Coke every day and it’s 1\3 of all calories which he uses. Nowadays, Berkshire Hathaway every year spends $1.1 billion to buy shares of Coca-Cola. His GDP is more than GDP of Uruguay.

This great man walked a long path and he has his own way of minding. He says that money is not a success. “Success – it’s how many people love you. And the best way to be loved is to be lovable”.  As for his phenomenon, this man set up the goals when he was 10. Nowadays, it’s the most important thing. Set it up and reach for it. Step by step.

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