99 Financial Facts Most Investors Don't Know : #6. Legendary investor Warren Buffett bought a 40-acre farm at age 14 with $1,200 in savings from delivering newspapers.
The Audacious Beginnings of Warren Buffett
At just 14, while most kids were scraping together cash for movies, Warren Buffett was buying a 40-acre farm in Nebraska. The year was 1944, and young Buffett had amassed $1,200—not from gifts or allowances, but from the grueling work of delivering newspapers in the early hours.
This wasn’t mere child’s play; it was Buffett’s first deep dive into the world of investing. Guided by his father, he didn’t just buy any farm—he strategically invested in one that came with a tenant farmer. This meant Buffett could earn without getting his hands dirty, a stark lesson in passive income and the power of smart investing.
Buffett’s farm investment laid the foundation for his philosophy: understand your investments and ensure they generate returns. This early, bold move was a precursor to his future as a legendary investor, proving that sometimes, the best classroom is the real world, and the boldest investments are made when you’re barely tall enough to see over the counter.
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