How Warren Buffett Made His First $100,000

[Liberty]

http://www.gurufocus.com/news/169950/how-warren-buffett-made-his-first-100000

 

 

IMO interesting article.

[CONeal]

Excellent article!!!  Thanks for posting

[berkshiremystery]

http://www.gurufocus.com/news/169950/how-warren-buffett-made-his-first-100000

 

 

Imo interesting article.

 

Outstanding article

[txlaw]

Very interesting article.  Thanks.

[maxprogram]

For those interested here are his exact holdings at one point in time during the '50s:

Company	        Industry        Value       %

GEICO           Insurance       $10,150   61.6%
Greif Brothers  Storage          $3,650   22.1%
Timely Clothes  Retail           $2,600   15.8%
Thor Corp.      Power tools      $2,550   15.5%
Baldwin         Music            $2,200   13.3%
Other                              $330    2.0%
                                =======
Total holdings                  $21,480	
Bank loan                       ($5,000)
Total equity                    $16,480

[jtvalue]

Hi maxprogram - if you don't mind my asking where did you find that data about Buffett's holdings in the 1950's? Thanks

[berkshiremystery]

I think that data might come from Robert Miles.

 

Here s also the same information:

http://www.futureblind.com/2008/08/early-berkshire-hathaway-letters/

[bookie71]

Thanks for posting

[Liberty]

Here's a follow up by the same author:

 

http://www.gurufocus.com/news/170053/how-warren-buffett-thinks-about-stocks