His father had other plans, and urged his son to attend the Wharton Business School at the University of Pennsylvania. Buffett stayed two years, complaining that he knew more than his professors. When Howard was defeated in the 1948 Congressional race, Warren returned home to Omaha and transferred to the University of Nebraska-Lincoln...
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Working full-time, he managed to graduate in only three years. Warren Buffett approached graduate studies with the same resistance he displayed a few years earlier. He was finally persuaded to apply to Harvard Business School, which, in the worst admission decision in history, rejected him as "too young"...
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Warren E. Buffett, 1995 He emphasized the following seven elements: • Economic reality, not accounting reality • The cost of the lost opportunity • Value creation: time is money • Measure performance by gain in intrinsic value • Risk and discount rates • Diversification • Investing behavior should be driven by information, analysis, and self-discipline, not by emotion or “hunch”...	2 / 328
Warren Buffet: Man of Principle GEICO continues to fundamentally increase its market share in the insurance industry because Buffet follows very specific guidelines and Mr. Buffet continues to make money...	2 / 393
Warren Buffet He is believed to be the second wealthiest man in the world and still lives in the house he bought for $31,000 in 1958. His children won’t inherit any great wealth when he dies as he states, “There’s no reason why future generations of little Buffetts should command society just because they came from the right womb...	2 / 351
warren buffet He allows the managers to do there job and learn from their mistakes. Warren Buffett hangs in for the "long haul" in all his business ventures. Warren Buffett is now 75 and shows no signs of slowing down; however over the past few years he has "allowed $40 billion in cash to accumulate at Berkshire because he hasn't found many attractive investments over the last couple of years...	2 / 388