Warren Buffett
Warren Edward Buffett (b. 30 August 1930 in Omaha, Nebraska) is a politically correct American investor, businessman and billionaire who promotes Jewish and racial minority interests. In 2011, he received the Presidential Medal of Freedom from Barack Obama.
Life
The son of US congressman and businessman Howard Buffett, he developed an interest in business and investing during his youth. He entered the Wharton School of the University of Pennsylvania in 1947 before graduating from the University of Nebraska at 20. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus on his economics background and soon pursued a business career.
- He was born in Omaha, Nebraska, on Aug. 30, 1930, the second of three children of Leila and Howard Buffett. His paternal grandparents had a grocery business. His father was in the investment business and served on the Omaha school board before being elected to Congress in 1942 as a Republican. At age 11, Buffett made his first stock purchase: three shares of Cities Service preferred at $38 per share. After the stock plunged and then rose to $40, he quickly sold his holdings, only to later see it surge. That taught him a big lesson: it's not a good idea to try to guess when to buy a stock and when to unload it. As a teenager, Buffett delivered newspapers in Washington, earning enough to invest in a Nebraska farm. Buffett enrolled in the University of Pennsylvania's Wharton School at age 17, and after transferring, he graduated two years later from the University of Nebraska, Lincoln, with a bachelor's in business administration. He went on to Columbia University for graduate school, where he was mentored by value-investing guru Benjamin Graham. Aside from his parents, Buffett considered Graham his greatest teacher. "The Intelligent Investor, Grahams 1949 book, changed my life," Buffett told shareholders in 2013. "(It) gave me a philosophy, a bedrock philosophy, on investing that made sense." Buffett and Susan "Susie" Thompson were married in 1952 and had three children, Susan, Howard and Peter. The couple purchased a home in Omaha where they raised their family and where Buffett lives to this day. Like young Warren, Berkshire Hathaway Vice Chairman Charlie Munger worked at Buffett's grandfather's grocery store in Omaha. But the two future, joined-at-the-hip, partners didn't meet until years later, in 1959, when an investor client of the then-29-year-old Buffett introduced them. Age 35 at the time, Munger was a California-based lawyer who had come back to his native Omaha to close his late father's legal practice. They hit it off and stayed in contact despite living half a continent away from each other.[1]
He is the chairman and CEO of Berkshire Hathaway and is considered one of the most successful investors in the world. He and his Berkshire business partner, Charlie Munger, have invested in everything from Coca-Cola to Heinz ketchup to IBM computers to Dairy Queen and Duracell, not to mention insurance companies, media companies, railroads and real estate. In 2022, his fortune was estimated at approximately $118 billion. In November 2024, Berkshire Hathaway Inc., led by Buffett, had $325 billion in liquid assets parked in its accounts, most of it in cash or U.S. Treasury bonds.
- Warren Buffett has quietly done a great deal to advance Jewish interests and harm Whites during his long lifetime. Recently he publicly urged Congress, in conjunction with fellow billionaires Bill Gates and Jewish casino owner Sheldon Adelson, to step up the pace of replacement migration. Buffett and his co-authors said, while encouraging Congress to welcome more non-White immigrants who will take jobs from Whites: “Most Americans believe that our country has a clear and present interest in enacting immigration legislation that is both humane to immigrants living here and a contribution to the well-being of our citizens…. We believe it borders on insanity to train intelligent and motivated people in our universities — often subsidizing their education — and then to deport them when they graduate… Americans are a forgiving and generous people, and who among us is not happy that their forebears — whatever their motivation or means of entry — made it to our soil?… Signs of a more productive attitude in Washington — which passage of a well-designed immigration bill would provide — might well lift spirits and thereby stimulate the economy. It’s time for 535 of America’s citizens to remember what they owe to the 318 million who employ them.” Buffett often engages in showy public displays of multiracialism with elite Negro basketball stars and such as well.[2]
