What major did Buffett graduate from? What major did Buffett study?

Brief introduction of Warren Buffett Date of birth:1August 30, 930.

Constellation: Virgo

Native place: Omaha, Nebraska, USA

Company: Berkshire Hathaway

Position: Chairman and CEO

Institution: Master of Finance Department of Columbia University.

1930 On August 30th, Warren Buffett was born in Omaha, Nebraska, USA. Warren Buffett has a strong sense of investment since he was a child. He likes stocks and numbers better than anyone in his family. He is very rich. When he was five years old, he set up a stall at home to sell chewing gum. A little bigger, he led his friends to the stadium to pick up big second-hand golf balls and then resell them. Business is quite prosperous. When he was in middle school, he not only worked as a newsboy after school, but also partnered with his partner to rent a pinball game machine to a barber shop owner to earn extra money.

[2]1941year, just after he turned 1 1 year, he jumped into the stock market and bought his first stock.

65438-0947 Warren Buffett entered the University of Pennsylvania to study finance and business management. However, he felt that the professors' short theories were not enough. Two years later, he transferred to the University of Nebraska, Lincoln, and received a bachelor's degree in economics within one year.

1950 Buffett's application to Harvard University was rejected. He was admitted to Columbia University Business School and studied under the famous investment theorist Benjamin Graham. Under Graham, Buffett is at home. Graham opposes speculation and advocates evaluating stocks by analyzing the profitability, assets and future prospects of enterprises. He taught Buffett a lot of knowledge and know-how. The talented Buffett soon became Graham's favorite student.

195 1 year, 2 1 year-old Buffett received a master's degree in economics from Columbia University. When he graduated, he got the highest A+.

1952, Buffett married Susan Thompson, and their parents were old friends for many years. When studying at Northwest University, Susan and Buffett's sister Roberta were roommates in the same dormitory. When Buffett dropped in on her and proposed to her, Susan left the university and married him. Mrs Buffett grew up only one and a half blocks from her present home.

From 65438 to 0957, Buffett's capital reached $300,000, but by the end of the year it had risen to $500,000.

From 65438 to 0962, the capital of Buffett's partner company reached 7.2 million US dollars, of which 1 10,000 belonged to Buffett himself. At that time, he merged several partner enterprises into a "Buffett Partners Limited". The minimum investment has been expanded to more than 654.38 million dollars. The situation is a bit like the private equity fund or private equity investment company in China now.

From 65438 to 0964, Buffett's personal wealth reached $4 million, while the funds he was in charge of had reached $22 million.

1966 in the spring, the US stock market was bullish, but Buffett was restless. Although his stock is soaring, he finds it difficult to find cheap stocks that meet his standards. Although the crazy investment in the stock market has brought speculators a windfall, Buffett is unmoved because he believes that the price of stocks should be based on the growth of company performance rather than speculation.

1967 10, Buffett's funds reached $65 million.

From 65438 to 0968, Buffett's stock achieved the best result in history: it rose by 46%, while the Dow Jones index rose by 9%. Buffett's funds rose to $6.5438+0.04 million, of which $25 million belonged to Buffett.

1968 In May, when the stock market was booming, Buffett informed his partners that he was retiring. Subsequently, he gradually liquidated almost all the shares of Buffett Partners.

From June 65438 to June 0969, the stock market plummeted and gradually evolved into a stock market crash. By May 1970, every stock had fallen by 50% or more than at the beginning of the year.

During the period from 1970 to 1974, the American stock market was like a deflated ball with no vitality. Sustained inflation and low growth have brought the American economy into a period of stagflation. However, Buffett, who was once lost, was secretly glad to see the money coming-he found too many cheap stocks.

1972, Buffett once again focused on the newspaper industry, because he found that owning a famous newspaper was like owning a toll bridge, and any passerby had to stay and buy money. Starting from 1973, he stole the Boston Globe and Washington post from the stock market, and his involvement greatly increased Washington post's profits, with an average annual increase of 35%. After 10 years, Buffett's investment of 10 million dollars rose to 200 million.

1980, he bought 7% shares of Coca-Cola at the unit price of 10.96 USD per share. By 1985, Coca-Cola changed its business strategy and began to withdraw funds and invest in beverage production. The unit price of its shares has risen to $5 1.5, a fivefold increase. As for how much money has been earned, this figure can shock investors all over the world.

1992, Buffett bought 4.35 million shares of General Dynamics, an American high-tech defense industry company, at a price of $74 per share. By the end of the year, the share price rose to 1 13 yuan. Buffett's stock worth $322 million six months ago is now worth $49 1 10,000.

By the end of 1994, 1994 had developed into a Berkshire industrial kingdom with $23 billion. It is no longer a spinning mill, but has become Buffett's huge investment and financial group. From 1965 to 1998, Buffett's stock grew at an average annual rate of 22.9%, which was nearly 12 percentage points higher than the Dow Jones index. If anyone invests 10000 dollars in Buffett's company in 1965, he will get a return of $9 million by 1998. In other words, whoever chose Buffett 33 years ago was on the rocket to get rich.

On March 1 1, 2000, Buffett published this year's annual letter on Berkshire's website-a heavy letter. The data shows that the net income of Berkshire, the investment fund group chaired by Buffett, fell by 45% last year, from $2.83 billion to $654.38+$55.7 million. Berkshire's A-share price fell by 20% last year, which was the only decline in the 1990s. At the same time, Berkshire's book profit only increased by 0.5%, which was far lower than the growth of Standard & Poor's 2 1 in the same period, which was the first time since 1980.

On August 26th, 2004, Susan Buffett, Warren Buffett's wife, died of a stroke while visiting friends with him. Susan Buffett, with a fortune of $3 billion or a 2.2% stake in Berkshire Hathaway, died at the age of 72. Mr. and Mrs. Buffett got married in 1952, but since 1977, when Susan moved from her hometown to San Francisco to develop her music career, they began to live apart. The two never announced their divorce. They often travel together, and Susan often attends the shareholders' meeting of the company held in Omaha, her hometown.

On the evening of March 1 2007, Berkshire Hathaway, the flagship investment company of Warren Buffett, announced its financial year 2006 results. The data shows that due to the hurricane "breaking the promise", the company's main insurance business achieved profitability. Last year, Berkshire's profit increased by 29.2% with a profit of 655. Earnings per share were $765,438+044 ($5,338 in 2005).

During the 42 years from 1965 to 2006, the average annual growth rate of Berkshire's net assets reached 2 1.46%, with a cumulative increase of 361156%; In the same period, the average annual growth rate of S&P 500 companies was 65,438+00.4%, and the cumulative growth rate was 64.79%.

Buffett is the greatest investor in history. By investing in the stock market and foreign exchange market, he has become one of the richest people in the world. The value investment theory advocated by him is popular all over the world. Value investment is not complicated. Buffett once summed it up as three points: treating stocks as many miniature business units; Treat market fluctuations as your friends rather than enemies (profits sometimes come from loyalty to friends); The price of buying stocks should be lower than you can afford. "In the short term, the market is a voting calculator. But in the long run, it is a weighing machine "-in fact, it is not difficult to master these ideas, but few people can persist for decades like Buffett. "Buffett never seems to try to make money from stocks. He bought the stock on the assumption that the stock market would close the next day or would not reopen for five years. In the view of value investment theory, once you see market fluctuation and think it is profitable, investment becomes speculation, and nothing affects investment more than gambling mentality. "

On June 25th, 2006, Buffett announced that he would donate his private wealth totaling $365,438+700 million to charity. This huge sum of money will enter the third place in the world rich list, namely the charity foundation founded by Microsoft Chairman Bill Gates and the Buffett Family Foundation. Buffett donated $365,438+700 million, which is the largest private charitable donation in the United States so far.

According to Reuters, Buffett, CEO of Berkshire Hathaway Investment Company, is 75 years old, and Forbes magazine estimated his worth at 6.2 billion dollars, making him the richest man in the world. The donation of $365,438+700 million accounts for about 565,438+0.1%of Buffett's property.

The Gates Foundation issued a statement saying: "We are flattered by the decision of our friend Warren Buffett. He chose to donate most of his wealth to the Bill and Melinda Gates Foundation to solve the most challenging inequality problem in the world. "

In addition, Buffett will donate 6,543,800 shares to the charity fund founded for his late wife and 350,000 shares to the charity fund of his three children.

Not long ago, in March 2008, Gates just announced that he would gradually hand over his daily management responsibilities at Microsoft within two years, so as to devote himself wholeheartedly to the work of the Gates Foundation. The total assets of the Gates Foundation have now reached $5.4 billion. The foundation is committed to helping health care in developing countries and developing education in the United States.

Buffett's net worth soared by $654.38 billion to $6.2 billion, making him the richest man in the world. Slim, a Mexican telecom tycoon, ranked second with $6 billion, and Gates, the chairman of Microsoft, who won the title of richest man with 654.38+03, retired to third place.

For a long time, the number 13 has been regarded as unlucky by superstitious people all over the world. This statement is most appropriate for Bill Gates, who ended his position as the world's richest man this year after ranking first in the world's rich list for 13 years in a row.

Buffett is called "the most respectable person except his father" by Americans.

[1] Buffett's investment legend

In the biography of Buffett written by Roger lovinstein, the first article is a short article by Bill Gates, the richest man in the world. Gates wrote: "His jokes are funny, and his diet-lots of hamburgers and cokes-is excellent. In short, I am a fan of Buffett. " Gates is really a fan of Buffett. He firmly remembers Buffett's investment theory: buy stocks at the lowest price and wait patiently. Don't expect to do big business. If the price is low, even medium-sized enterprises can make a lot of money.