WARREN EDWARD WAFFET

Warren Edward Buffett was born on August 30, 1930, to his mother Leila and father Howard, a stockbroker-turned-Congressman. The second oldest, he had two sisters and displayed an amazing aptitude for both money and business at a very early age. Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head

While other children his age were playing hopscotch and jacks, Warren was making money. At only six years old, Buffett purchased six-packs of Coca-Cola from his grandfather’s grocery store for 25 cents and resold each of the bottles for a nickel, pocketing a 5-cent profit. Five years later, Buffett took his first step into the world of high finance.

Find your passion

At eleven years old, he purchased three shares of Cities Service Preference at $38 per share for both himself and his older sister Doris. Shortly after buying the stock, it fell to just over $27 per share. A frightened but resilient Warren held his shares until they rebounded to $40. He promptly sold them—a mistake he would soon come to regret. Cities Service shot up to $200.1 The experience taught him one of the basic lessons of investing: Patience is a virtue.

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Warren buffet rules for success

1. Find your passion

If anyone can find their passion, they can achieve success in whatever work they want.

2. Hire well

The three things in hiring to people you look for are integrity, intelligence and energy. And you should always look for first ‘integrity’ if you don’t have integrity you cannot have any of two other things in you

3. Don’t care what others think

Many people gonna tell you that why are you doing this and judge you but not caring what others think is key to success so follow your heart

4.Read, read, read

Read many books as you can because reading makes your mind clear and sharp.. Warren wuffet started reading when he was 7 years old

5. Save margin of safety

” Be greedy when everyone is fearful, and be fearful when everyone is greedy” Warren waffet once said this before investing in stock market try to save some margin of safety

6.Have a competitive advantage

In the world of competition you have to be competitive and take it as a advantage

7. Schedule for your personality

He don’t like to have things all packed for hour n hour. He also said in his one of the interview that ‘ I really get to do what I like to do, the way I wanted to do with the people we choose to around that are terrific. I’ve got everything I wanted and it’s fortunate’

8.Always be competitive

Somebody always after you but you have to ahead of them. You always wanna be in the move. When you got really great business but the danger would always there but you have to be comptitive in order to get what you want

9. Unconditional love

The best advice he received from his father that whatever you do in life and the people in your life give them unconditional love.