Thursday, February 6, 2014

The Spirit of Warren Buffett : Rule No 1 : Never Lose Money. Rule No 2 : Never forget rule No 1

Quotes :

 Rule No 1 : Never  Lose Money.
 Rule No 2 : Never forget rule No 1

The Times of  Warren Buffett :

Higher Education

Buffett enrolled at the University of Pennsylvania at the age of 16 to study business. He stayed two years, moved to the University of Nebraska to finish up his degree, and emerged from college at age 20 with nearly $10,000 from his childhood businesses.

Buffett attended Columbia University for his advanced degree and in 1956, shortly after graduation, he formed the firm Buffett Partnership in his hometown of Omaha. His investment successes, particularly in buying undervalued companies whose stocks shortly began to rise, made him extremely rich and gained him the sobriquet, "Oracle of Omaha." Other notable career succeses include helping rescue Salomon Brothers from corporate raiders (1987) and taking charge of the New York City house (1992) in the wake of an insider trading scandal.
Books On Warren Buffett :
Buy The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Book
Author: Mary Buffett David Clar
Publisher: Pocket Books (2008)  

Like the sayings of the ancient Chinese philosopher Lao-tzu in the Tao Te Ching, Warren Buffett's worldly wisdom is deceptively simple and enormously powerful in application.
In The Tao of Warren Buffett, Mary Buffett joins noted Buffetologist and international lecturer David Clark to bring you Warren Buffett's smartest, funniest and most memorable sayings, with an eye towards revealing the life philosophies and the investment strategies that have made him the world's most successful investor -- and the world's richest man. From serious investors to chronic over-spenders, this book can teach everyone some secrets of success.

About the Author
Mary Buffett, who was married to Warren Buffett's son, is CEO of Superior Assembly. David Clark, a friend of the Buffett family for more than 30 years, is a portfolio analyst and lawyer.

Mary Buffett was a member of the Buffett family for twelve years (she was married to Warren's son Peter) watching and learning from her father-in-law all the while. Now CEO of a multi-million-dollar film editing company, she lives in California. David Clark has been a friend of the Buffett family for over thirty years and is a portfolio manager and attorney. He has been quoted on finance in The New York Times and is well acquainted with several investors in Warren Buffett's original partnership (all of whom are now worth in excess of $100 million). He lives in Nebraska.

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