WARREN E. BUFFETT, THE BIG DADDY OF INVESTMENTS

WARREN E. BUFFETT, THE BIG DADDY OF INVESTMENTS

11 years old! Flabbergasting isn't it, that's exactly how old Warren E. Buffet, CEO, Berkshire Hathaway, was when he first did his investment.

With a net worth of $82 billion, this CEO is popularly known as an ace businessman, an investor, and a philanthropist. Born in august of 1930 in Omaha, Nebraska he gained his training from his father at a very young age.

Stockbroker and father, Howard Buffet taught him the intricacies of being an intelligent investor and Warren began to treat himself as a budding entrepreneur even before he had left his teens. He was selling and buying stocks with complete finesse and comprehension by his early 20s.

In the process of investments, he amplified hid portfolio and made mammoth amounts of money by buying and selling stocks.

People who know him closely emphasize on the fact that Buffet even today, regardless of all the wealth and success he has gained, is remarkably practical and economical and in terms of investment, he follows the highest standards of investments.

Once a textile manufacturing company in Bedford, Massachusetts, the company Berkshire Hathaway became the point of focus in 1962 for Buffett and he started buying the stocks.

Using his knowledge he invested in a hefty percentage of stocks and kept doing so till he overtook the control over the company and took over as the CEO of Berkshire Hathaway.

At present, the company is involved in the management of several accounts and acts as a conglomerate with the core being the segment of investment with approximate revenue of $247.5 billion.

He graduated with a Bachelor of Science in Business Administration from the University of Nebraska and later after being rejected from Harvard University, he enrolled in Columbia University and earned his Masters in Economics.

The one thing that Warren Buffett has sincerely followed through his life and in the manner of his investments to hit high dividend stocks is the skill to be patient.

If you have achieved patience, it would mean that you are monitoring the situation, analyzing the trends, comprehending the values first and then make your purchase. And once you see the stocks crossing the price that you bought them at, you will end up with a lot of high dividend stocks.

According to Buffett, anyone who is seeking to hit a sound investment portfolio should do an ample amount of research first and focus on the timing part as well.

If you follow the manner of Buffett's investment patterns you would realize how keen of an observer he is and how patiently he invests, there would be times when you and I would think that this is the right time to sell you stocks and pool out the profits and later get disappointed when the same stocks hit the sky but Buffett, no, this man studies the market each time and hits the bulls eye.

As simple as it sounds, one thing to keep in mind is the fact that Warren E. Buffett has spent his entire life working hard and achieving the status of the world's third wealthiest man.

He hasn't just inspired millions of people around the world but also has inspired his family. His daughter in law, Mary Buffett wrote a book as well on him, about his principles and his life, "Buffetology'.