Warren Buffett Success Story And Biography, motivational Success Story.

Warren Buffett Success Story

Success Story In English – There are many people in the world who have not only earned a lot of money from their work but have also earned a lot of name and fame. Such people have a different identity in the world. We all know that investing is a very big and profitable way of earning money. But there is such a person who had made investing his profession, today we are going to tell about that person.

This person is none other than Warren Buffett, known as Investing King, Warren Buffett earned so much money only on the basis of investing that today he is included in the list of richest people in the world. But still the surprising thing is that even after being so rich, he follows a very simple lifestyle and because of his similar lifestyle, he remains mostly in the discussion.

This specialty of his creates the same question in the people that how did he create so much wealth? Warren Buffett's full name is Warren Edward Buffett, he was born on 30 August 1930 in Omaha, Nebraska. Warren Buffett's father Howard Buffett was a Stock Broker. Perhaps Warren Buffett's interest in stocks and investments must have come from his father. While his mother was a housewife.

When Warren Buffett was born, the Financial Crisis was going on in America at that time, due to which the business of Warren Buffett's father also came to a standstill and when Warren Buffett turned one year old, his parents started living a life of poverty. Buffett's childhood was spent in poverty, he saw how his mother did not eat herself to give one time meal to his father.

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So that Warren's father can get some food after working hard all day. Seeing these conditions and poverty of his home, Warren had promised himself that either he would become a billionaire at the age of 35 or he would jump on a tall building. Although this promise was very extreme for a small child, but Warren Buffett had full faith in himself since childhood. Warren Buffett was very fond of reading books since childhood. Warren started reading books from a very young age.

When Warren was 10 years old and was reading books in his city library. Then his eyes saw a book named "Thousand Ways To Make Thousand Dollar". Warren read this book completely. Looked carefully at all the ideas mentioned in this book. But in all those ideas, Warren liked one idea very much and that was Compounding.

According to which if you buy a vending machine for $100 and then earn money by selling that vending machine and put some part of that sale back to buy the vending machine. So after some time you can buy a lot of vending machines. The method of compounding works in the same way, although this method is a very time-consuming way of earning money, but it has a lot of profit in the long run.

Warren liked this idea so much that he had made this idea his main mantra. Warren Buffett started working at the age of 11. He sold books, sold chewing gum and not only this, Warren got up at 4 in the morning and started selling newspapers. With the money he earned from newspaper and small business, he bought his first stock at the age of 11 for $38.

Warren Buffett says that he started enjoying the game of earning money in his childhood, after that he did many different businesses and started making money. After working hard, the market of the company in which Warren had invested The price had come down significantly due to which Warren Buffett became very sad.

But then when he saw that the share price increased to $ 40, then he sold the shares, but then after some time he realized what a big mistake he had made. Because after some time the price of that share had increased a lot, Warren Buffett says that "Take Time For All Things Great Haste Make Great Waste" means that the work of Satan is done in a hurry, therefore one should always act thoughtfully.

Warren Buffett studied in this field due to his interest in finance. Warren Buffett did his studies from the Wharton School of University of Pennsylvania.

After this, Warren went to the University of Nebraska to complete his graduation, when Warren Buffet was only 20 years old, he completed his graduation. After completing graduation, he had a lot of money. Even after completing his graduation, Warren Buffett did not start working like a normal person, rather he thought that I would invest my money and earn a lot of money.

Keeping this in mind, Warren Buffett started investing his money. Due to having very good knowledge about Finance and Investing, Warren Buffett was investing in a very good company, due to which he was also getting a lot of benefit.

At the beginning of his career, Warren Buffett always chose such a company whose market price had decreased due to poor management. By buying shares of such companies, Warren Buffett used to sell them later.

Warren Buffet had invested in many companies with this idea, which he also got a lot of benefits. But when he met Benjamin Graham, his whole outlook changed because Benjamin Graham told him that it would be better to choose companies whose management is bad than choosing companies that are very good and serve their customers. You give very good service.

This will happen that later you will be able to earn a lot of profit from that company. Warren Buffett took his Mentor's words into consideration and started using his method. Then as soon as he saw his business started doing very well, using this technique, Warren Buffett had invested all his money on a company called Berkshire Hathway and gradually this company started growing.

After which this company grew so much that Warren Buffett got a lot of profit and at the same time Warren Buffett also became the CEO of this company and even today he is the CEO of this company. Warren Buffett became a millionaire at the age of 30 on the basis of his ability and hard work. Due to which his promise was also fulfilled.

After becoming a milliner, Warren married his girlfriend Suzanne and soon after the marriage he bought a small house. Today they have a lot more money than before. But even today Warren Buffett likes to stay in his old house Warren Buffett and Bill Gates are very good friends today but they were not always like this. Earlier, Bill Gates felt that Warren Buffett was very different from those with whom his words would not match.

Therefore, when the meeting of Bill Gates and Warren Buffett was fixed, Bill Gates had kept the meeting time only for 10 minutes, but when the meeting started, the meeting lasted for 10 hours and after the meeting was over, Bill Gates became an admirer of Warren Buffett, now Warren Buffett Very good friends.

Despite being the richest man in the world, Warren Buffett lives a very simple life, as well as he has donated a large part of his earnings, for his great work, he was also awarded the Citizen of America's Greatest Man. has gone.

At present, Warren Buffett's Net Worth is 10500 Crore US Dollar. But Warren Buffett has decided that he will donate 99% of his income because according to him so much wealth is of no use to his children and wealth looks good only when it is earned by itself.

It is thoughts like these that make Warren Buffett different from the richest men in the world.