Warren‟s life is full of stories of childhood entrepreneurship. At the age of six he bought six packs of Coca-Cola bottles, a company with great significance in his mature business ventures, and resoled them for a profit. He made his first stock market investment at the age of eleven when he bought three shares of City Services stock for the price of 38$ and waited till they rose to 40$ when Warren sold them. But the stocks went on rising and reached 200$ in two years, an event that served him as a good lesson to stay on the market. Upon moving to Washington, while his father was busy with politics, he took two routes as a paper delivery boy of The Washington Post, another major investment of him, and Washington‟s Times-Herald. At this occupation he filed his first tax income return being only thirteen. With the money he earned as a paperboy he and a partner of “Warren Buffett” him bought reconditioned pinball machines and placed them in barbershops soon ending up owning seven of those securing them some 50$ each weekly. But Buffett did not like to spend; he was a gatherer and a holder and enjoyed much more seeing his money grow than contribute to somebody else‟s wealth by spending them. Later on with the same partner of him they bought a 1934 Rolls-Royce for 350$ and leased it for 35$ a day. Upon graduation from high school at the age of sixteen, he had close to 6000$ of savings and decided to invest it by buying 40 acres of land for 1200$ renting it to farmers. In home Omaha Warren became a big fan of horse racing and the statistics of weights, speed, and past performance fascinated him to the extent that he formed a partnership to issue the “Stable Boy‟s Tip Sheet”. None of these would be possible without Warren‟s fascination by the magic of numbers and money. He could easily perform calculation in his mind and keep track of them while having a conversation on a topic. What especially was intriguing to him was the idea of money growing at a compound interest, a passion he would keep for a lifetime.
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