Warren Buffet's Financial Journey

Here`s a concise summary of Warren Buffett`s financial journey in bullet points:

Net Worth & Growth:

* Current net worth: $158 billion+

* 99% of his wealth accumulated after age 56, proving the power of long-term investing.

* His investments benefited from compounding, leading to an exponential wealth curve.

Early Life & Investment Philosophy:

* Born in 1930 in Omaha

* Bought his first stock at age 11, ran small businesses as a teen.

* Learned value investing from Benjamin Graham.

* Took over Berkshire Hathaway in 1965, transforming it into a financial empire.

Net Worth Milestones:

*Age 14 → $5,000 (early savings)

* Age 30 → $1 million (investment success)

* Age 56 → $1.4 billion (became a billionaire in 1986)

* Age 94 → $158 billion+ (current estimated wealth)

Investment Strategy:

* Invests for the long-term, preferring businesses with strong fundamentals.

* Over 70% of Berkshire Hathaway`s holdings are concentrated in five stocks, including Apple & Coca-Cola.

* A dollar invested with Buffett in 1965 → Worth $54,909 by 2024. (compared to $385 in S&P 500)

Philosophy & Legacy:

* Advocates patience: "The stock market transfers money from the impatient to the patient."

* Wealth isn`t just accumulation—Buffett has donated billions in philanthropy.

* His success proves time in the market matters more than timing the market.