By Rafaey Ahmad
Warren Buffett never had the intention of going to college. By age 13, he was managing his own business as a paperboy. He ended up making over $5,000 (equivalent to $42,610 in the year 2000) delivering newspapers. However, his father urged him to attend the University of Pennsylvania for business.
Buffett enrolled himself in Wharton School at the University of Pennsylvania at age 16 to study business. After two years of complaining that he knew more than his professors, he moved on to the University of Nebraska in Lincoln and finished his degree. He graduated from the University of Nebraska at age 19 with a Bachelor of Science degree in business administration.
Price is what you pay. Value is what you get.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Risk comes from not knowing what you're doing.
Someone's sitting in the shade today because someone planted a tree a long time ago.
You only have to do a very few things right in your life so long as you don't do too many things wrong.
Our favorite holding period is forever.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
In the business world, the rearview mirror is always clearer than the windshield.
2. Buffett is giving almost all of his money to charity, not his children.
3.Buffett's father was the Ron Paul of his day.
3.Buffett recently hired a man who paid millions -- twice -- just to have lunch with him.
4. Buffett disowned his granddaughter.