ʻO ka moʻolelo o ke kuhinaʻo Billhager Hathaway
I ka makahikiʻeono wale nō, ua kūʻaiʻo Buffett i 6 mau pākekaʻo Coca-Cola mai kahi hale kūʻai o kona kupuna kāne he iwakālua kumamālima keneta a ua hoʻopuka hou i kēlā mauʻeke no kahi nickel, a hoʻolimalima i ka waiwai heʻelima. ʻOiaiʻo nā keiki'ē aʻe e pāʻani ana i nā hopscotch a me nā kākā, ua hanaʻo Warren i ke kālā . Iʻelima mau makahiki ma hope mai, ua hanaʻo Buffett i kāna hana mua i ka honua o ka waiwai kiʻekiʻe.
I nā makahiki heʻumikumamākahi, ua kūʻaiʻo ia iʻekolu mau kālā o nā kūlanakauhale lawelawe i makemakeʻia he $ 38 no ka uku no lāua a me kona kaikuaʻanaʻo Doris. Ma hope koke iho o ka kūʻaiʻana i ke kumukūʻai, ua emi iho ma kahi o $ 27 no kēlā me kēia pāhele. Ua pale akuʻo Warren i kāna mau kuleana a hiki i ka pauʻana o ka $ 40. Ua kūʻai koke akuʻo ia iā lākou - he kuhi e hiki koke mai anaʻo ia e mihi. Hoʻohiwahiʻia nā kūlanakauhale Hoʻokele a hiki i $ 200. Ua aʻoʻo ia iā ia i kekahi o nā papahana papahana o ka hoʻokomoʻana:ʻo ke ahonui he pono.
Ka Hoʻonaʻauaoʻo Warren Buffett
I ka makahiki 1947, ua pukaʻo Warren Buffett mai ke kula kiʻekiʻe iā ia i 17 makahiki.
ʻAʻole loa kona manaʻo e hele i ke kulanui; Ua hāʻawi muaʻo ia i $ 5,000 e hāʻawi ana i nā nūpepa (ua like kēia me $ 42,610.81 i 2000). Ua hoʻomākaukau hou kona makuakāne a ua koiʻo ia i kāna keiki e hele i ke kulaʻoihana Wharton ma ke Kulanui o Pennsylvania.
Hoʻomaha waleʻo Buffett iʻelua mau makahiki, e hoʻopiʻi ana uaʻikeʻo ia ma mua o kona mau kauka.
I ka wā i lanakila aiʻo Howard i ka wā o ka Congressional 1948, ua hoʻiʻo Warren i Omaha a ua heleʻo ia i ke Kulanui o Nebraska-Lincoln. Me ka manawa piha, ua hoʻonaʻauaoʻo ia iʻekolu mau makahiki wale nō.
Ua aʻoʻo Warren Buffett me keʻano kūpaʻa āna i hōʻike ai i kekahi mau makahiki ma mua. Ua hoʻoholo hopeʻiaʻo ia e noi aku i ke Kula'Olepaʻo Harvard,ʻo ia hoʻi, i loko o ka hoʻoholo loa i ka hoʻoholoʻana i ka moʻolelo, ua hōʻoleʻiaʻo ia he "'ōpiopio". Hoʻopiʻiʻia, hoʻohanaʻiaʻo Warren iā Colombia kahi i aʻoʻia aiʻo Ben Graham lāuaʻo David Dodd - kahiʻike e hoʻololi mau loa ai i kona ola.
ʻO Ben Graham - Mentorʻo Buffett
Ua kaulanaʻo Ben Graham i ka makahiki 1920. I kekahi manawa e hoʻokolo ana ke koena o ke ao i ka pūnaewele hoʻolālā e like me he mele nuiʻo roulette, uaʻimiʻo Graham i nā kumukūʻai maʻalahi me kaʻole hikiʻole ke paleʻia. ʻO kekahi o kona inoa i kaulana nuiʻia,ʻo ia ka Line Pipe Line, kahi hui laweʻaila e mālamaʻia e ka Rockefellers.
Ke kūʻai nei ke kumukūʻai i $ 65 ma ke kahele, akā ma hope o ka pauʻana o kaʻikeʻana i ka waihona palekana , uaʻikeʻo Graham i ka paʻaʻana o nā paʻa o ka hoʻopaʻaʻana i $ 95 no kēlā me kēia māhele. Ua ho'āʻo ka mea kūʻai waiwai e hōʻoia i ka mana e kūʻai aku i ke kōpili, akā hōʻole lākou.
Ma hope koke iho, ua hanaʻo ia i kahi kaua koho a hoʻopaʻaʻia kahi wahi ma luna o ka Papa Hoʻokele . Ua kūʻai aku ka hui i nā kaulahao a ua uku i ka uku o ka $ 70 no kēlā me kēia pāhele.
I ka pihaʻana o kona mau makahiki he 40, ua kākauʻo Ben Graham i ka hoʻopalekana palekana , kahi o nā hana nui i kākauʻia ma ka māhele kūʻai. I kēlā manawa, he pilikino; ua lilo ka hoʻokomoʻana i nā'eneki i mea hoʻolimalima (ua hāʻule ka Dow Jones mai 381.17 a 41.22 ma luna o nā papa heʻekolu aʻehā mau makahiki ma hope iho o ka hopena o ka makahiki 1929). Ma kēia manawa ua hōʻeaʻo Graham me ka manaʻo o ka waiwaiʻoihana "ʻoihana" -ʻo ke ana o kaʻoihana pono o kaʻoihana i piha loa a kaʻawaleʻole i ke kumukūʻai .
Me ka hoʻohanaʻana i ka waiwai nui, hiki i nā mea kālā ke koho i ka waiwai o kaʻoihana a hoʻoholo i nā hoʻoholo hoʻoholo waiwai e like me ia. ʻO kāna puke i hope iho nei,ʻo ka meaʻike i kaʻike , aʻo Warren e hoʻolaha nei i "ka puke nui loa i ka manawa i kākauʻia i kākauʻia," i hoʻokomoʻia i ka honua iā Mr. Market -ʻo ia kaʻoihana waiwai kūpono i ka moʻolelo.
Ma o kāna mau'umanaʻo hoʻokumu hilahila a haʻahaʻa hoʻi, ua liloʻo Ben Graham i mea maʻamau i ka Warren Buffett iwakāluakūmākahi makahiki. ʻO ka heluheluʻana i ka puke kahiko o Who's Who, Warren iʻikeʻia kona kuhinaʻo ia ka luna o kahi kamupalaʻinikua iʻikeʻoleʻiaʻo GEICO. Ua hoʻokuʻuʻo ia i kahi kaʻaahi i Wakinekona DC i kahi kakahiaka Hekakahi hoʻokahi e loaʻa ai ke keʻena. I kona hikiʻana i laila, ua paniʻia nā puka. ʻAʻoleʻo ia e kāohi, hōʻalo pinepineʻo Buffett ma ka puka a hiki i ka wā e wehe ai ke kākā'ōlelo nona. Ua nīnauʻo ia inā he mea i loko o ka hale.
No ka luck (a iʻole ka hopena) e loaʻa, aia. Ke huli aʻe nei he kanaka e hana ana i ke ono o ka papa. Ua alakaʻiʻiaʻo Warren e hālāwai me ia a hoʻomaka kokeʻo ia e nīnau iā ia i nā nīnau e pili ana i ka hui a me kāna mau hana; he kūkākūkā e kau ana no nā holaʻehā. ʻAʻole kēia kanaka ma waho o Lorimer Davidson, ka Pelekikena Pelekikena kālā. ʻO kaʻikeʻana he mea ia i noho ai me Buffett i nā lā a pau o kona olaʻana. Ua loaʻa iā ia ka hui GEICO a pau ma o kāna hui, Berkshire Hathaway.
Ma o kāna aʻoʻana i ke kula kiʻekiʻe ma Columbia,ʻo Warren Buffett ka haumāna wale nō i loaʻa kahi A + ma kekahi o nā papahana Graham. ʻO ia hoʻi,ʻo Ben Graham a me ka makuakāne o Warren i'ōleloʻole iā ia e hana ma Wall Street ma hope o kona pukaʻana. Kūpono loa, ua hāʻawiʻiaʻo Buffett e hana no ka hui hui Graham no ka mea kūʻokoʻa. Huliʻo Ben. Ua makemakeʻo ia e hoʻopaʻa i kona mau wahi no nā Iudaio i hoʻolimalimaʻoleʻia ma nā'auahi Helene i kēlā manawa. Uaʻehaʻo Warren.
Ua hoʻiʻo Warren Buffett i ka Home
Heleʻo ia i kona home, ua laweʻo ia i kahi hana ma ka hale kūʻai kūʻai a kona makuakāne a hoʻomakaʻo ia eʻike i kahi kaikamahine ma ka inoa o Susie Thompson. Ua lilo ka pilina ma keʻano paʻakikī a maʻApelila o 1952, ua mare lāua. Ua hoʻolimalima lākou i kahi lumi kauʻekolu no $ 65 ma ka mahina; ua hoʻokuʻuʻia i lalo a ua māhele like ka'ōpio me kaʻohana o kaʻiole. ʻO kā lāua kaikamahine, i kapaʻiaʻo Susie, ua hānauʻia. I mea e pakele ai i ke kālā, hana lākou i kahi moe no ka wahine i loko o ka mea lawe lole.
I loko o kēia mau makahiki mua, ua palena palena loaʻia nā haʻuki o Warren i kahi keʻena Texaco a me kekahi mau waiwai kūʻai , akāʻaʻole naʻe i lanakila. I kēlā manawa nō hoʻiʻo ia i hoʻomaka ai e aʻo i nā papa pō i ke Kulanui o Omaha (kahi mea hikiʻole ke hiki i kekahi mau mahina ma mua aku.) Ma ka ho'āʻoʻana e lanakila i kāna makaʻu nui i ka'ōlelo a ke aupuni, ua alakaʻiʻo Warren iā Dale Carnegie). Mahalo, ua loli nā mea. Ua kāheaʻo Ben Graham i kekahi lā, e kono ana i ka'ōpiopio'ōpiopio e hele mai e hana no ia. Ua hāʻawi hopeʻiaʻo Warren i ka manawa kūpono i kaliʻia e ia.
Heleʻo Warren Buffett i ka hana no Ben Graham
Ua neʻeʻo Warren a me Susie i kahi hale ma nā wahi o New York. Hoʻopauʻo Buffett i kāna mau lā e nānā ana i nā hōʻike S & P, eʻimi ana i nā manawa hoʻolimalima. ʻO ia ka manawa i hoʻomaka ai kaʻokoʻa ma waena o ka Graham a me ka Buffett kumu.
Ua komoʻo Warren i ka hoihoi i ka hana a kahiʻoihana - pehea ka mea iʻoi aku i kaʻoihana. Ua makemake nuiʻo Ben i nā helu ināʻo ka makemake nuiʻo Warren i ka lawelaweʻana o kahiʻoihana i mea nui i ka hoʻoholoʻana e hoʻolālā,ʻo Graham ka nānā wale aku ma ka waihona palekana a me kaʻike kālā ; hiki iā ia ke hoʻemi iki e pili ana i ke alakaʻi alakaʻi. Ma waena o 1950 a me 1956, ua kūkuluʻo Warren i kona kālā pilikino i $ 140,000 mai kahi $ 9,800. Me kēia pahu kaua, ua hoʻonohonohoʻo ia i kona mau hiʻohiʻona ma Omaha a hoʻomakaʻo ia e hoʻolālā i kona neʻe hou aku.
Ma ka lā 1 o Mei, makahiki 1956, ua hoʻopiliʻo Warren Buffett iʻehiku mau lālā pili i komo pū me kona kaikuahineʻo Doris lāuaʻoʻAnakē Alice, e hoʻoulu ana he $ 105,000 ma ka hana. Ua hoʻokomoʻo ia i $ 100 nona iho, a ua hoʻokumu ponoʻiaʻo Buffett Associates, Ltd. Ma mua o ka pauʻana o ka makahiki, e hoʻomanaʻoʻo ia i kahi $ 300,000 ma ke kālā.
ʻO ka liʻiliʻi, e'ōlelo iki i ka mea liʻiliʻi, akā,ʻoi aku ka nui o nā hoʻolālā no kēlā loko iʻa. Ua kūʻaiʻo ia i hale no $ 31,500, kapa inoaʻiaʻo "Buffett's Folly", a mālama i kāna pilikino mai kahi o nā lumi hoʻokipa home, a ma hope iho, kahi keʻena liʻiliʻi. I kēia manawa, ua hoʻomakaʻo ia e ola; ʻekolu kāna mau keiki, he wahine maikaʻi, a heʻoihana maikaʻi loa.
I ka holoʻana o nā makahikiʻelima e hiki mai ana, ua hoʻokipa maikaʻi ka Buffett i ka 251.0% maikaʻi, ʻoiaiʻo Dow he 74.3% wale nō. He mea kaulana i kona kūlanakauhale,ʻaʻole i hāʻawiʻo Warren i nā kumu kūʻai lāʻau ma muli o nā noi mau o nā hoaaloha a me nā malihini. Ma ka makahiki 1962, uaʻoi aku ke kālā o ka pilina ma kahi o $ 7.2 miliona, a ua lilo he $ 1 miliona no kahi kuhi pono'ī o Buffett (ʻaʻoleʻo ia i uku i ka uku no ka pilinaʻana -ʻo Warren he 1/4 o nā waiwai ma luna o 4%) .
Loaʻa iā ia he mau mea iʻoi aku he 90 mau lālā ma o ka United States. I hoʻokahi neʻeʻana o ka neʻeʻana, ua hoʻoheheʻeʻo ia i ka pilina i loko o kahi hoʻokahi i kapaʻiaʻo "Buffett Partnerships Ltd.", ua kīpai i kahi kūʻaiʻuʻuku i $ 100,000, a ua weheʻia kahi keʻena ma Kiewit Plaza ma ke alanui Farnam.
I ka makahiki 1962, ua hoʻi kahi kanaka i kapaʻiaʻo Charlie Munger i kona wā'ōpiopio i ka home o Omaha mai Kaleponi. ʻOiai heʻano pōkole iki, ua manaʻo Munger ma nāʻano a pau o ka hua'ōlelo. Ua heleʻo ia i ke kulaʻo Harvard me ka loaʻaʻole o ke kēkelē laepua. Hoʻomākaukauʻiaʻo Buffett lāuaʻo Charlie e nā hoa like, a ua loaʻa kokeʻia nā pakiaka o ka pilina pili aloha a me ke kālepa i nā makahiki he kanahā e hiki mai ana.
Heʻumi mau makahiki ma hope o kona hoʻokumuʻiaʻana, uaʻoi aku ka nui o nā kumukūʻai Buffett Partnership ma mua o 1,156% ke hoohalikeʻia me ka Dow he 122.9%. Ma keʻano o ka waiwai waiwai o nā mea i koho ai i $ 44 miliona, ke $ 6,849,936ʻo Warren a me Susie. Ua hele mai neiʻo Mr. Buffett e like me kā lākou'ōlelo.
Me ka noʻonoʻo pono, e like me kona hoʻomakaʻana e hoʻokūpaʻa loa, ua paniʻo Warren Buffett i ka pilikino i nāʻike hou. Ua ikaika loa ka hoʻouka kauaʻana o ka Vietnam ma kekahiʻaoʻao o ke ao a ua hoʻoneʻeʻia ka ukana ukana e ka poʻe i heleʻole i loko o ka pōʻino. I ka wā a pau e hōʻike ana i kona hopohopo no ka hoʻonuiʻana i nā kumukūʻai kālā, ua huki ke kākoʻo nui loa i ka makahiki 1968, a he 59.0% ka nui o ka waiwai o ka waiwai, hoʻopili i nā $ 104 miliona.
I ka makahiki e hiki mai ana, ua nui loa akuʻo Warren ma mua o ka hoʻopauʻana i ka waihona i nā kālā hou; ua hoʻokuʻuʻo ia i ka hui. I Mei i ka makahiki 1969, ua haʻi akuʻo ia i kona mau hoa i "hikiʻole iā ia keʻike i nā'alepale ma ka mākaʻi kūʻai". Hoʻopauʻiaʻo Buffett i ke koena o ka makahiki e hoʻokahe ana i ka waihona kālā, koe naʻe nā huiʻelua - Berkshire a me Diversified Retailing.
Ua hoʻokaʻawaleʻia nā'āpana o Berkshire i waena o nā hoa me kahi palapala mai Warren e hōʻike ana iā lākou e hiki iā ia ke komo ma kaʻoihana, akā,ʻaʻohe ona kuleana i ka wā e hiki mai ana. Ua maopopo loaʻo Warren i kona manaʻo e paʻa i kāna lālā pono'ī i ka hui (nona 29% o ka waiwai Berkshire Hathaway) akāʻaʻole i hōʻikeʻia kona mau manaʻo.
Loaʻa i ka Warren Buffett ka mana o ka Hathaway Berkshire
ʻO kā Buffett kuleana ma Berkshire Hathaway iʻikeʻia i nā makahiki i hala aku. Ma ka lā 10 o Mei, makahiki 1965, ma hope o ka loaʻaʻana o 49% o ka waiwai maʻamau,ʻo Warren i kapaʻiaʻo iaʻo Luna. ʻO ka mana weliweli i ka holoʻana o ka hui i loko o ka lepo, a uaʻikeʻo ia i kahiʻano o ka loiloi, hiki ke mālama maikaʻiʻia.
I ia manawa, ua hanaʻo Mr. Buffett i ka pelekikenaʻo Ken Chace, a hāʻawi iā ia i ka mana piha ma luna o kaʻahahui. ʻOiai ua hōʻoleʻo ia e hāʻawi i nā koho'āina ma muli o ke kūponoʻole i nā mea kuleana, uaʻaeʻo Warren e hāʻawi i kahi hōʻai'ē no $ 18,000 no kona Pelekikena hou e kūʻai i nā'āpana 1,000 o ka waiwai o ka hui.
Iʻelua makahiki ma hope mai, i ka makahiki 1967, ua nīnauʻo Warren i ka mea hoʻokumu a National Indemnity a me ka mālamaʻana i ka mea kuleana Jack Jackwalt i kona keʻena. Nīnauʻiaʻo ia i kona manaʻo he pono ka waiwai o ka hui,'ōleloʻo Ringwalt iā Buffett, he $ 50 ke kālā o ka hui, he $ 17 ke kālā ma luna o kāna uku kūʻaiʻana i $ 33.
Ua hāʻawiʻo Warren e kūʻai aku i ka hui holoʻokoʻa ma kahi -ʻo kahi lilo e lilo iā ia he $ 8.6 miliona. I kēlā makahiki, ua ukuʻiaʻo Berkshire i ka mahele o 10 mau keneta ma kāna mauʻoihana koʻikoʻi. ʻAʻole ia i hana hou; 'Ōleloʻo Warren "ua nohoʻo ia i loko o ka lumi halepaku kahi i haʻiʻia ai ka mahele".
I ka makahiki 1970, kohoʻo Buffett iā ia iho he luna Pelekikena o ka Papa Berkshire Hathaway a no ka manawa mua, ua kākauʻo ia i ka leka i nā mea kuleana (ʻo Ken Chace ke kuleana no ka hana ma mua). I kēlā makahiki hoʻokahi, hoʻomaka ka'āpana'āina o ka Luna Hoʻohanohano i konaʻike.
He $ 45,000 nā waiwai i loaʻa i ka'ilika,ʻoiaiʻo ka hoʻolimalima a me nā'auke kālā i laweʻia he $ 2.1 a me $ 2.6 miliona. ʻO nā kālā nui i laweʻia mai nā mana hakakā ma New Bedford, ua hāʻawi akuʻo Massachusetts i ka muliwai o ke kālā kūpono e hoʻomaka ai e kūkulu i ka Berkshire Hathaway i loko o kēiaʻano i kēia lā.
Ma hoʻokahi makahiki a ma hope paha, ua hāʻawiʻiaʻo Warren Buffett i ka manawa e kūʻai i kahi hui ma ka inoaʻo See's Candy. Ua kūʻai aku ke kumikalikalina gourmet i konaʻona pono'ī pono'ī i kona mau mea kūʻai ma ke kālā no ka hana maʻamau. Ua hōʻike ka waihona palekana i nā mea a nā Californians iʻike mua - uaʻoi aku ka nui o ka makemake e uku i kekahi "mea hou" no ka mea "See's" taste.
Ua manaʻo ka mea hoʻolālā e makemakeʻo Berkshire e kūʻai i ka hui no $ 25 miliona ma ke kālā. ʻIkeʻia ka paʻaʻana o nā mea nona ka $ 30 miliona, akāʻaʻole i liuliu. ʻO ia kaʻoihana nui loa a Berkshire a Buffett i hana ai.
Ma hope o ka hoʻokomoʻana i nā'āpana kālā a me kaʻike SEC (ma hope o ka hoʻoneʻeʻana i kahi hui, ua hāʻawiʻo Warren a me Munger e kūʻai i ka waiwai o Wesco, ka pūʻulu i hoʻonohonohoʻia, ma ka uku kumukūʻai wale no ka mea i manaʻo lākou he "mea pono e hana" -ʻaʻole he mea kupanaha ,ʻaʻole iʻae ke aupuni iā lākou), hoʻomakaʻo Buffett eʻike i ka piʻiʻana o ka upena net a Berkshire Hathaway.
Mai ka makahiki 1965 a hiki i ka makahiki 1975, ua kū ka waiwai o ka hōʻai'ē o ka hui mai $ 20 no ka pāʻani i kahi $ 95. ʻO ia nō hoʻi i kēlā manawaʻo Warren i kūʻai aku ai i nā kūʻai hope loa o Berkshire. (I ka manawa o ka huiʻana o ka'āina, he 29%.
He mau makahiki ma hope aku, ua hāʻawi akuʻo ia i kahi $ 15.4 miliona mau kālā i ka hui ma kahi o ka uku kūʻai he $ 32.45 ma ka pāʻani.) Ua laweʻia kona kuleana i 43% o ka ukana me Susie i 3%. Ua waihoʻia kona waiwai a pau i Berkshire. Me kaʻaʻohe kuleana pilikino, ua lilo ka hui i kāna kaʻa kaʻa kaʻa.
I ka makahiki 1976, ua komo houʻo Buffett me GEICO. Ua hōʻike koke mai ka hui i nā haʻakei nui loa a ua hoʻopiʻiʻia kāna kumukūʻai i $ 2 ma ka pāʻani. Uaʻike maopopoʻo Warren i ka paʻaʻana o ka hana maʻamau; ʻo ka hapa nui o nā pilikia i kumuʻia e kekahi hui hoʻonohonoho hemahema.
I loko o nā makahiki e hiki mai ana, ua kūkuluʻo Berkshire i kona kūlana ma kēia maʻi maʻi a hōʻiliʻili i nā miliona i waiwai. Ua makeʻo Benjamin Graham, ka mea i hoʻomalu iā ia i loko o ka hui, i ka malamaʻo Kepakemapa o ia makahiki hoʻokahi, ma mua koke o ka hoʻololiʻana. I nā makahiki ma hope mai, e lilo i mea waiwai nui i Berkshire.
Nā Chaloli i ke ola pilikino o Warren Buffett
Ma hope koke iho, ua hanaʻia kekahi o nā mea nui loa a me nā hoʻonāukiuki i ko Buffett ola. I kanahākūmālima mau makahiki, ua haʻaleleʻo Susan Buffett i kāna kāne - i keʻano. ʻOiai ua mareʻo ia me Warren, ua loaʻa i kahi mea aloha / kanaka mele kahi hale noho ma Kapalakiko, a ua koiʻo ia e makemakeʻo ia e ola ma kona iho, a neʻe aku i laila.
Ua kaumaha loaʻo Warren; i kona ola a pau,ʻo Susie ka "lā a me ka ua i loko o kāna māla". Hoʻokokoke lāua aʻelua, e kamaʻilio ana i kēlā me kēia lā, e hele ana i ka holo aʻelua makahiki o ka holoʻana o New York, a hui pū me nā keiki i ko lākou hale Kaleponi Kaleponi no kaʻahaʻaina Kalikimaka.
Ua paʻakikī ka hoʻololiʻana i ke kanaka kālepa, akā ua liloʻo ia i maʻa mua i ka hoʻolālā hou. Ua kāheaʻo Susie i nā wāhine he nui ma ka'Omaha e koi ana iā lākou e hele i kaʻaina awakea a me kahi kiʻiʻoniʻoni me kāna kāne; i ka hopena, ua hoʻonohoʻo ia iā Warren me Astrid Menks, he wahine hānai. I loko o ka makahiki, ua neʻeʻo ia me Buffett, a me nā hoʻomaikaʻi a Susie.
Ua makemakeʻo Warren Buffettʻelua mau nickels e kākau inoa
I ka halaʻana o nā makahiki he 70, ua uluʻo kona kūlana i ka mea i kūʻaiʻia ai ka rumorʻo Warren Buffett i kahi kumukūʻai e hiki ai ke pana i kāna uku i 10%. ʻO ka huakaʻi Berkshire Hathaway e kūʻai ana ma mua o $ 290 ka māhele, aʻo ka waiwai waiwai o Buffett he $ 140 miliona. ʻO keʻano hoʻohenehene,ʻaʻole i kūʻaiʻo Warren i hoʻokahi'āpana o kāna hui,ʻo ia hoʻi kona kālā piha loa he $ 50,000 uku i loaʻa iā ia. I loko o kēia manawa, ua'ōleloʻo ia i ka mea hoʻopiʻi, "ʻO nā mea a pau aʻu i loaʻa ai, ua nakinakiʻia ma Berkshire, makemake au i nā nickels ma waho."
Ua hoʻoikaika kēia iā Warren e hoʻomaka i ke kālā no kona ola pono'ī. Wahi a Roger Lowenstein,ʻo Buffett , uaʻoi aku ka maʻalahi o Warren i kāna mau kālā pono'ī ma mua o ia me Berkshire. I kekahi manawa ua kūʻaiʻo ia i nā kūpana keleawe a me nā'ōlelo hoʻopunipuniʻole. I ka manawa pōkole, ua hāʻawiʻo ia i $ 3 miliona kālā. I ka hoʻoikaikaʻiaʻana e hoʻokomo i ka waiwai a kekahi hoaaloha, paneʻo ia: "No ke aha e kūʻai aku ai au i ka waiwai i ka maʻalahi o ka maʻaʻai kūʻai?"
Hōʻikeʻo Hatksway Hathaway i ka Polokalamu Hāʻawi Loaa
Ma hope aku, ua hōʻike houʻo Buffett i konaʻano o ka hōʻailona i ka wā kaulana. I ka makahiki 1981, i ka makahiki heʻumi o ke'animake, ua hoʻolahaʻo Berkshire i kahi hoʻolālā aloha aloha i manaʻoʻia e Munger a'āponoʻia e Warren. Ua kāheaʻia kēia kumukūʻai no kēlā me kēia mea nāna e koho i nā kōkua i loaʻa iā ia he $ 2 no kēlā me kēlā me kēia Berkshire.
Ua paneʻia kēia i kahi hana maʻamau i Wall Street o ka Mō'ī koho e koho ana i ka mea nāna i lawe i nā lima lima o ka hui (pinepine i ka heleʻana i nā kula, nā hale pule, a me nā hui). ʻO ka hoʻolālā he holomua nui loa ia a ma luna o nā makahiki i pupuhiʻia ka nui no kēlā me kēia māhele. I ka pae ma hope, ua hāʻawi nā mea'ai'ē Berkshire i nā miliona miliona i kēlā me kēia makahiki,ʻo lākou a pau loa i kā lākou kumu.
Ua hoʻopauʻia ka papahana ma hope o ka huiʻana ma kekahi o nā lālā o Berkshire,ʻo The Pampered Chef, ka hoʻokaehewaʻana no nā kōkua hoʻokele koho nui a Buffett i koho ai i kāna mahele o ka haʻawina aloha aloha. ʻO kekahi kumu nui nui e pili ana i kēia manawa,ʻo ia ke kumukūʻai kūʻai i $ 750 ma ka māhele i ka makahiki 1982.ʻO ka hapa nui o nā waiwai i loaʻa iā Berkshire kahi waiwai iʻoi aku ma kahi o $ 1.3 billion.
Ua kūʻai akuʻo Warren Buffett i ka hale kūʻaiʻo Nebraska Mart, Scott Fetzer a me kekahi mokulele no Berkshire Hathaway
No ka mea,ʻo nā pāʻoihana maikaʻi a pauʻo Berkshire i hōʻiliʻili ai,ʻo kahi mea maikaʻi e hele mai ana i lalo o kona hale. I ka makahiki 1983, hele akulaʻo Warren Buffett i loko o ka hale kūʻaiʻo Nebraska Mart, ka hale kūʻai kūʻai miliona miliona miliona i kūkuluʻia e ka Rose Blumpkin. I kāna kamaʻilioʻana iā Mrs. B, i kapaʻiaʻo ia e Buffett, inā paha e makemakeʻo ia e kūʻai aku i ka hale kūʻai i Berkshire Hathaway.
ʻO ka pane o ka'ūpōpō he "ʻae"ʻoʻoleʻa, a ua hoʻohuiʻo ia i ka māhele no "$ 60 miliona". Ua hoʻopaʻaʻia ka pāʻani ma kahi lima lima a ua kākauʻia kahi palapala pākahi. ʻO ka haole hānau hānau Lūkini wale nō i kāpili i ka haki me ka nānāʻoleʻana i ka manawa i loaʻa iā ia i nā lā ma hope mai.
ʻO Scott & Fetzer kekahi mea nui'ē aʻe i kaʻohana Berkshire. ʻO ka hui i hoʻokumu i ka hopena o ke kipiʻana i ka wā i hoʻokumuʻia ka LPO e Ralph Schey, ke luna hoʻomalu. ʻO ka makahiki i ka makahiki 1984, a hoʻolale kokeʻia akuʻo'Ivan Boesky i kahi pānaʻi kūʻai no kahi $ 60 o ke kaʻana (ʻo ka makana maʻamau i loaʻa $ 50 ma ke kahele - $ 5 ma mua o ke kumukūʻai).
ʻO ka mea nāna i hanaʻo Kirby me nā mea holoi'eneke a me ka puke'ōlelo World Book,ʻo S & F ka makaʻu. ʻO Buffett, nona ka hapahā miliona miliona, ua waiho i kahi leka i ka hui e noi ana iā lākou e kāhea inā makemake lākou i kahi hui. Ua kani koke ke kelepona. Ua hāʻawiʻiaʻo Berkshire he $ 60 no ke anuanu, paʻakikī, kālā.
I ka wā i kāwiliʻia ka pāʻiki ma lalo o hoʻokahi hebedoma i hala aku, ua loaʻa iā Barkshire Hathaway hou he $ 315 miliona dala kūʻai kālā no ka hoʻokomoʻana i kāna koina. ʻO ka liʻiliʻi o ke kālā i laweʻia mai loko mai o ka mīkiniʻeleu ikaika e kūkulu i kekahi o nāʻoihana ikaika loa i ka honua. ʻO nā meaʻoi aku iʻoi aku ka maikaʻi i loko o ka makahiki e hiki mai ana. Eʻike anaʻo Berkshire i ka piʻiʻana o kona kumukūʻai mai $ 2,600 a hiki i ka $ 80,000 ma nā makahiki 1990.
I ka makahiki 1986, kūʻaiʻo Buffett i kahi lele Falcon no ka $ 850,000. I ka nuiʻana o konaʻikeʻana,ʻaʻole ia he meaʻoluʻolu no ka leleʻana i kahiʻoihana. ʻO ka manaʻo o ka mea leʻaleʻa, heʻano ola ia i paʻakikī iā ia eʻae, akā ua aloha nuiʻo ia i ka moku. ʻO ka hopena o nā mokulele i ka hopena, alakaʻiʻiaʻo ia e kūʻai i ka Jet Jet i nā makahiki he 90.
ʻO nā makahiki he 80 i hele aku me Berkshire e hoʻonui ana i ka waiwai e like me ka wā i loaʻa,ʻo ka hopena wale nō o ke alanui ka hōʻino o 1987.ʻO Warren, ka mea i huhūʻole no ka hoʻopololeiʻana i kaʻoihana kūʻai, ua nānā mālieʻo ia i ka uku o kāna hui a hoʻi hou i ka hana. . He hōʻailona ia no kona nānāʻana i nā kumukūʻai a me nāʻoihana ma keʻano nui. ʻO kēia kekahi o nā hoʻopau pōkole o " Mr. Market's. " He ikaika loa ia; ua hoʻopau loaʻia ka hapaha o ka hapahā o ka palepale kūʻai o Berkshire. ʻAʻohe pono, Hoʻopiʻiaʻo Warren.
E lawe au i kahi Coke
I kekahi makahiki ma hope mai, i ka makahiki 1988, hoʻomakaʻo ia e kūʻai i nā huahana Coca-Cola e like me ka mea kolohe. Uaʻike mua kona hoa noho e noho nei,ʻo ia hoʻiʻo ka Pelekikena o Coca-Cola i kahi kanaka e hoʻouka ana i nā waiwai a lilo i mea hopohopo. Ma hope o ka huliʻana i ka hana, uaʻikeʻo ia ua waihoʻia nāʻoihana mai Midwest.
Ua manaʻo kokeʻo ia iā Buffett, āna i kāhea aku ai. Ua haʻiʻo Warren i ka mea hana hewa a ua noiʻole lākou e'ōleloʻole a hiki i ka manawa i koiʻia aiʻo ia e hōʻike i kāna mau paʻa ma ka paepae 5%. I loko o nā mahina i hala, he 7% o Berkshire o ka hui, a he $ 1.02 piliona ka waiwai o ke kumukūʻai. I loko oʻekolu makahiki, eʻoi aku ka waiwai o Buffett o Coca-Cola i ka waiwai nui o Berkshire i ka wā i hana aiʻo ia i ka hoʻokomo.
Nā kālā a Warren Buffett a me ka hoʻoponoponoʻana ma ka laina i ka wā o Solomona Scandal
I ka makahiki 1989, e kūʻai anaʻo Berkshire Hathaway ma kahi $ 8,000. ʻO Buffett i kēia manawa,ʻoi aku ma mua o $ 3.8 biliona. I loko o nā makahiki heʻumi e hiki mai ana, e emi anaʻo ia heʻumi mau manawa. Ma mua o ka hanaʻana, ua nui ka manawa pōʻeleʻele i mua (heluhelu i ka Solomon Scandal).
ʻO Warren Buffet ma ka Turn of the Millennium
I ke koena o nā makahiki 1990, ua hoʻopukaʻia ke kumukūʻai kūʻai he kiʻekiʻe a he $ 80,000 ma ka pāʻani. ʻOiai me kēia hōʻailona hōʻailona, i ka hoʻomakaʻana o ka pihi puhi puhi, hoʻomakaʻiaʻo Warren Buffett e "nalowale kona pā". I ka makahiki 1999, i ka wā a Berkshire i hōʻike ai i ka piʻiʻana o ka 0.5% o kēlā me kēia mahele, ua nui nā nūpepa i holo i nā moʻolelo e pili ana i ka makeʻana o "Oracle o Omaha".
Manaʻoʻo ia e uhaki ana ka hua'ōlelo, hoʻohana mauʻo Warren Buffett i kāna hana maikaʻi: hoʻokaʻawale i ka waiwai i nāʻoihanaʻoihana e kūʻai ana ma lalo o ka waiwai nui. ʻAʻole i hoʻokaeʻoleʻia kāna mau hana. I ka liloʻana o nā kālepa i ko lākou kūlana,ʻo Warren Buffett he hōkū hou. Uaʻike houʻia ka waiwai o Berkshire i kona mau makahiki i hala ma mua o ka hāʻuleʻana i kahi $ 45,000 ma ka pāʻani, a uaʻike houʻia ke kanaka mai Omaha e like me ke kikowaena hiʻona.