All businesses especially stockbrokers, must know Warren Buffett. Born in a family business, making Buffett is willing to learn the business since childhood. Although his father was a businessman, but Buffett is not from a wealthy family with a large capital to do business. He read books business since childhood. Since he was in Elementary School, his room was filled with the Wall Street Journal, various company annual reports or stock analysis. That he did as a hobby. Since the age of 13, Buffett already started to work as newspaper delivery, the seller of golf balls, pinball machines, buying and selling coca-cola machine, and first results worth $ 1,200 after two years of work he used to buy agricultural property.

The first stock he bought was the Cities Service, he bought at a price of $ 38 and because the value of the shares back down, finally he sold at a price of $ 40, after it soared to $ 200. Apparently what he learned from the previous books is not enough for the capital he won in playing stocks. But this is a lesson to be remembered and recounted for him running the business to succeed.
Handbook which becomes the handle is The Intelligent Investor, by Benjamin Graham. I am also interested to read that book. In 1962, Buffett bought shares of Textile Company named Berkshire Hathaway. Then Berkshire Hathaway bought a series of companies that have cash reserves, cash is then invested in stocks and other securities. Finally Berkshire Hathaway opens a GEICO, General Re, and other companies, including shares of American Express and Coca-cola.
At that time, Buffett has done the calculations right in the game shares. Buffett argues that the best is to buy stocks, when the company experienced an unusual condition that its stock price is considered too low.
What I learned from Buffett, the failure was a lesson, a few hundred dollars is not a value too high to learn and can win greater value. A person can be successful when the opportunity came in the condition he was ready to take that chance.
Learn about Stock with Warren Buffett
Posted by adminDec 22
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