— 1942, first stock purchase: When he was 11 years old, Buffett kicked off a lifetime of investing by making his first stock purchase. The future billionaire bought three shares of oil company Cities Service at about $38 per share.
Beyond his value-oriented style, Buffett is also known as a buy-and-hold investor. He is not interested in selling stock in the near-term to realize capital gains; rather, he chooses stocks that he believes offer good prospects for long-term growth. This leads him to move focus away from what others are doing.
1941: At 11 years old, Warren buys his first stock. He purchases six shares of Cities Service preferred stock—three shares for himself, three for his sister, Doris—at a cost of $38 per share.
Top Warren Buffett Stocks By Size
Here it is: When Warren lectures at business schools, he says, “I could improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches—representing all the investments that you got to make in a lifetime.
Stocks Warren Buffett just bought: AbbVie (ABBV) Merck (MRK) Bristol-Myers Squibb (BMY)
3 Warren Buffett Stocks Worth Buying Now
Buffett began seriously investing when he was 10 years old. By the time he was 30, he had a net worth of $1 million, or $9.3 million adjusted for inflation.
He's also invested in See's Candies, McDonald's, and Dairy Queen, according to Forbes. Buffett's love for fast food is thick as a DQ Blizzard.
Warren Buffet – Cadillac XTS
Another rich CEO on the list!
Here are seven things an investor should consider when picking stocks:
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