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《Retirement of the God of Investing丨Reflecting on the Legendary Journey of Warren Buffett I》The Young Buffett: From Paperboy to Investment Genius(1940-1960)

  • Writer: FOFA
    FOFA
  • May 26
  • 2 min read

I. Awakening the Business Gene (1940–1950)

  1. A Precocious Perspective on Money (Ages 6–14)

    • Retail Beginnings at Age 6: Buffett started selling chewing gum at his doorstep (earning 2 cents per pack) and reselling used golf balls.

    • First Stock Purchase at Age 11: Bought Cities Service preferred shares at $38, saw the price drop to $27, sold at $40, and missed a $200 high—learning a vital lesson in patience.

    • Tax Awareness at Age 14: While earning $2,000 annually from delivering newspapers (equivalent to $35,000 in 2024), Buffett proactively filed his first tax return.


  2. A Teenage Business Empire

    • Pinball Machine Business: Bought used machines for $25 and placed them in barbershops, splitting profits 50/50 with the shop owners.

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