Warren Buffett - Biography

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . For the latest Warren Buffett, go to WarrenBuffettNews.com - Warren Buffett doesn't lead a glamorous lifestyle. His favorite restaurant is the local steakhouse in Omaha. He keeps it basic. He doesn't eat vegetables. Warren Buffett has not drank a glass of water in over 50 years. He knows what works for him, and then he stays with it. He doesn't go out of his way to be different. He just has supreme self confidence. Even his relationships have been unconventional. When he separated from his wife, a new woman moved into his home. All three people involved were quite happy with the situation. This triangular relationship lasted for 25 years. Eventually, his wife died, so Warren Buffett remarried. You have to think for yourself. Buffett and Munger can tune out Wall Street. They make an appraisal and the market makes an appraisal. When the two appraisals differ, they defer to their own judgments. Buffett has made a habit of accumulating slow and steady earners. While other people on Wall Street are able to make quick profits, they also make quick losses. The Solomon episode was the darkest of Buffett's career. No matter what happened, Buffett was sure to lose some of his reputation and some of his money. The US Treasury was taking action to finish Solomon off. That was until Buffett made a plea to have the firm saved. The FED allowed it to stay alive as a personal favor to Warren Buffett. Afterward, he began taking steps to clean up Solomon. Buffett never got much gratitude ...

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