Warren Buffett is the world's most successful

money maker. The boy from Omaha

discovered money making at an early age and
began making lots of it with paper routes and
golf ball sales. On the latest count he has 40
billion dollars and he made it all by investing
in the right companies. Warren Buffett's small
team of 20 runs his entire 150 billion dollar
empire. He prides himself on being low-tech;
his personal office has never had a calculator or
computer. Once a year Berkshire Hathaway
shareholders travel to Omaha, Nebraska to
Warren Buffet's annual general meeting. Along
with a massive gathering there are special
events at local businesses owned by Buffet's
company. “Invest, don’t speculate.” “Only deal
in things you can understand.” “Be fearful
when others are greedy, and be greedy when
others are fearful.” Buffett have developed to
whether or not to invest in a business. Coca
Cola is among the clever investments they have
made. Charlie Munger and Warren Buffett
invested in American Express, Coca Cola, and
Walt Disney. The unusual approach of
investing large amounts has paid off, providing
Hathaway Berkshire with consistent 20%
returns over several decades. From the age of
13 Warren Buffett completed his own tax
returns. When he left school Buffett headed for
New York where he met his guru Ben Graham.
Buffett explains "Mr. Market", a concept he
says changed his life. Be a business owner. His
focus changed from investing in other people
business to buying them outright. Clayton
Homes is one of the many companies that
Warren Buffett purchased over the phone since
he wastes no time on state visits. Rather than
micromanaging he "allocates capital
efficiently". Persuasion is one of the
remarkable skills possessed by Warren Buffet.
He learned how to deal with people. Warren
Buffets idiosyncratic ways can open doors and
save time and money. His purchase of Rose
Blumkin's Nebraska Furniture Mart is a perfect
example of how his down to earth business
style has benefited him. Insurance companies
are at the heart of Berkshire Hathaway, Geico
is one of Buffett's favorites. Insurance
premiums supply a massive amount of cash
that can be invested elsewhere. Using
insurance float allows Warren Buffett to invest
without accumulating debt. He like to think
independently. When Solomon Brothers got
into trouble with the financial authorities
Buffet was one of its biggest shareholders.
Persuaded into becoming temporary Chairman
he put his reputation on the line and begged the
U.S. Treasury not to shut them down. Having
saved Solomon Brothers, Buffett tried to cut
back the excessive salaries and bonuses of its
staff without much success. Break your own
rules. He believes that the super rich should
support taxation and personal value systems
that give back to the community. Warren
Buffett gave 31 billion dollars to the charitable
foundation run by Bill and Melinda Gates.
They use the money to improve health and
agriculture. One day Berkshire Hathaway will
continue without Warren Buffett but he will be
remembered for more than his financial
success.