Warren Buffett
By: SIYONG YI • January 28, 2018 • Research Paper • 531 Words (3 Pages) • 1,541 Views
Warren Buffett’s good talent is his good personal philosophy
Good Business Leader, true leadership makes a different in the world.
He was operated by honest and competent people
Buffet’s charity donation the second richest man who has donated 31 billion
Buffet’s frugal life, he still lives in the same small 3 bedroom house in mid-town Omaha, annual salary in 2006 was only $100,000
Investing behavior should be driven information analysis and self-discipline not by emotion
His Rule No1 is “Never Lose Money and No2 is “Never Forget Rule No.1
Auction for Warren Buffett Charity Lunch is his social contribution
2000: Pete Budlong, $25,000
2001: Jim Halperin and Scott Tilson, $20,000
2002: Jim Halperin and Scott Tilson, $25,000
2003: David Einhorn, Greenlight Capital, $250,100
2004: Jason Choo, Singapore, $202,100
2005: Anonymous, $351,100
2006: Yongping Duan, California, $620,100
2007: Mohnish Pabrai, Guy Spier, Harina Kapoor, $650,100
2008: Zhao Danyang, Pure Heart Asset Management, China, $2,110,100
2009: Courtenay Wolfe, Salida Capital, Canada, $1,680,300
2010: Ted Weschler, $2,626,311
2011: Ted Weschler, $2,626,411
2012: Anonymous, $3,456,789
2013: Anonymous, $1,000,100
2014: Andy Chua, Singapore, $2,166,766
2015: Zhu Ye, Dalian Zeus Entertainment Co, China, $2,345,678
Warren Buffett
Corporate Manger:
Communicate pride and confidence in your people.
“Hire well and manage little” Talent
Motivator Extraordinaire:
Model civility and respect for others. Creativity, Collaborations, Hierarchical systems, Competition
Philanthropist:
Education, health and economic development, nuclear threats, children, and community services
Warren Edward Buffett (/ˈbʌfɪt/; born August 30, 1930)[2] is an American business magnate, investor, and philanthropist. Buffett serves as the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world,[3][4] and as of January 2018, has a net worth of $91.6 billion, making him the third wealthiest person in the United States and in the world.[5]
Born in Omaha, Buffett developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947, before transferring and graduating from University of Nebraska–Lincoln at the age of 19. Buffett went on to enroll and graduate from Columbia University where he learned and eventually molded his investment philosophy around a concept pioneered by Benjamin Graham–value investing. He attended New York Institute of Finance to specialize his economics background and soon after began various business partnerships, including one with Graham. After meeting Charlie Munger, Buffett created the Buffett Partnership. His firm would eventually acquire a textile manufacturing firm called Berkshire Hathaway and assume its name to create a diversified holding company.
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