Warren Buffet Was In The Earn More Camp

Read? How Rich Was Warren Buffett at Your Age?

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CW8888: Warren Buffet was in the Earn More camp! What did you really learn from Warren Buffet?

Next time; any "Gurus" who are smoking you on Warren Buffet's investing techniques. Show them this blog post. LOL!

Even in our local investment blogopshere; those bloggers who showed you big fat dividends are or were from earn more camp. 



After graduating college, Buffett tried repeatedly to land a job with mentor Benjamin Graham — even offering to work for free — but had to return to Omaha to work for his father as a stock broker after Graham’s repeated rejections. At age 21, his net worth was just $20,000.

However, after he kept sending investment ideas to Graham, the legendary investor relented and hired Buffett a couple of years later for an annual salary of $12,000 — almost three times the annual median income for the average family in 1954.

When Graham retired just two years later, Buffett took what he had learned and started applying it to an investment partnership he formed with friends and relatives. By the time Buffett reached 26, his net worth was between $140,000 and $174,000.