91206385 ppt on entrepreneur warren buffet

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WARREN BUFFET WARREN BUFFET ENTREPRENEUR SUBMITTED BY : ABHINAV SINGH GUIDED BY : MISS,RASHMI RAI

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Page 1: 91206385 Ppt on Entrepreneur Warren Buffet

WARREN BUFFETWARREN BUFFETENTREPRENEUR

SUBMITTED BY :

ABHINAV SINGH

GUIDED BY :

MISS,RASHMI RAI

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CONTENTSCONTENTS

INTRODUCTIONBACK GROUNDWARREN BUFFETT’S EDUCATIONMONEY-MAKING SCHEMESEMPLOYMENTBERKSHIRE HATHAWAYWARREN BUFFETT SIX PRINCIPLES

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INTRODUCTIONINTRODUCTIONBORN : Warren Edward Buffet August 30,1930(age 80)

PARENTS : Howard and Leila Buffet

NATIONALITY : American Citizen

ALMA MATTER : University of Pennsylvania

University of Nebraska ,lin. Columbia University.

OCCUPATION : Chairman & CEO, Berkshire Hathaway

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SALARY : US$100,000

NET WORTH : US$ 5O BILLION (2010)

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BACK GROUNDBACK GROUND Largest shareholder and C.E.O of Berkshire

Hathaway, and is currently ranked by Forbes as the third richest human on Earth with an estimated net worth of approximately 50 billion dollars.

Buffet is also a notable philanthropist ,having pledged to give away 85% of his fortune to the Gates Foundation , He also serves as a member of the board of trustees as Grinnell College.

In1999 , Buffet was named the top money manager of the twentieth century in a survey by the Carson Group , ahead of Peter Lynch and John Templeton.

In 2007 , he was listed among Time’s 100 Most Influential People in the world.

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Warren Buffett’s Warren Buffett’s EducationEducation In 1947, a seventeen year old Warren Buffet graduated from High School . It was never his intention to go to College.

He had already made $5,000 delivering newspapers (this is equal to $42,610,81 in 2000)

His father urged his son to attend the Wharton Business School at the University of Pennsylvania.

Buffett interested in the area of mathematics and statistics , He focused on mathematics and statistics at University of Nebraska to finish his degree.

Harvard Business School(Rejected). Entered Columbia University’s graduates school of

business , where he obtained a master’s degree in business.

Ben Graham and David Dodd (Mentor).

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Money-Making SchemesMoney-Making Schemes AGE 6 – Peddled Coke. AGE 9 – Carrying golf clubs for $3 per day. AGE 11 – Bought his first stock. AGE 11-13- Sold used golf balls AGE 13 – Carrier for Washington Post and 4 other

newspapers. AGE 14 – Bought 40 acres of farmland and leased it

out. AGE 16 – Rented out used pinball machines making

up to $50 a week.

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EMPLOYMENTEMPLOYMENT Worked for Buffett-Falk & Co. as an investment ,

salesman after graduating with a Matter’s in Economics,(1951-1954).

Worked for Graham-Newton corp, as a securities analyst (1954-1956).

Formed Buffett partnership , Ltd and appointed himself General Partner (1956-1969).

Bought over Berkshire Hathaway Inc in 1962 and because Chairman and CEO in 1970.

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BERKSHIRE HATHAWAYBERKSHIRE HATHAWAY

A Textile mill purchased in 1962 ,suffering a $2.2m loss at time of purchase. Priced at $8/share of working capital.

Buffet currently holds 38% of shares , valued at total of $36 bn.

Has stakes in Coca-Cola(2nd largest shareholder), Gillette, American Express , Disney , McDonalds , Dairy Queen.

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Warren Buffett Six Warren Buffett Six PrinciplesPrinciples

PRINCIPLE 1 :- KEEP IN SIMPLE.

PRINCIPLE 2 :- BE A INVESTOR,NOT A TRADER.

PRINCIPLE 3 :- FIND OUTSTANDING BUSINESS.

PRNICIPLE 4 :- MAKE YOUR OWN DECISIONS.

PRINCIPLE 5 :- LEAVE A MARGIN OF SALERY.

RULE 1 :- NEVER LOSE MONEY.

RULE 2 :- NEVER FORGET RULE NO.1.

PRNCIPLE 6 :- FOCUS ON STRENGTHS.

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- WARREN - WARREN BUFFETTBUFFETT

‘’FOOLS GIVE YOU REASON, WISE MAN NEVER TRY’’

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"The HAPPIEST

people DO NOT

necessarily have the

BEST of all.

They simply

APPRECIATE what

they find on their

way”Let us choose the way to live

THANK YOU