How Warren Buffett Built His $500 Billion Dollar Empire

4 years ago
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In this video we show you from the beginning how Warren Buffett built his $500 billion dollar empire, Berkshire Hathaway.

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Warren Buffett is the 4th richest man in the world and if it weren’t for the fact that he gave away so much money, he might even be sitting at number 1. But the question is, how did he do this?...

And the real answer to this, is through years and years of shrewd investing, sticking to key principles and building a team of quality minds.

But Buffett he started his business ventures from a young age… Buffett’s business ventures include chewing gum, Coca-Cola bottles, and weekly magazines door to door.
He worked in his father’s shop as a kid and even started a pinball machine business which he put in his local barbershop.

He was saving until he had the money to buy his first stock. By the age of 11, young Buffett asked his Dad to buy 3 shares of City service preferred stock and from there he never looked back.

By the age of 26 he had started up his own investment firm called Buffett partnership limited, he ran this for 13 years, achieving an annual average return of 29.5%. Buffett had now just begun his journey sketching his name into stone as being an investing great.

This Partnership that Buffett had formed had become worth over $7 million dollars and $1 million of that belonged to Buffett. This was his first million but it certainly wasn’t his last…

But it was by the age of 34, when Buffett really started playing with the big guns. He purchased an old textile business called Berkshire Hathaway which he converted into an investing firm.
Now Buffett had enormous power. He had a firm where he could invest the money of millions of people around the world.
A combination of the worlds greatest investing mind, plus a lot of people wanting their money invested.

And it was around this time here, when Buffett started writing his now famous shareholder letters. These shareholder letters gave insight into the way his mind works and the way he decided to choose stocks and run his business…
Through these letters he’s taught us how to become better investors. We’ve learnt that Price is what you pay. Value is what you get.
We’ve learnt To be fearful when others are greedy and to be greedy only when others are fearful. I mean I could go on and on with the lessons that I’ve learnt from Buffett, and the fact of the matter is I owe a significant portion of my personal wealth to Buffetts teachings.

But Buffett didn’t just learn this knowledge so that he could teach other people. No, he learnt it, he learnt it that he could apply it with his own personal investments. Through this investing firm Berkshire Hathaway, he began purchasing some of the best stocks in the USA.

In 1965 he bought $4 million dollars worth of Disney after a personal meeting with Walt Disney himself. And obviously now today we all know Disney for their theme parks, their movies and everything else they do!
He bought shares in the Washington post when he was just 43 years old, an eventually he became good friends with Katharine Graham who controlled the company.
When he was 46 years old in 1976, he began mass purchasing the shares in GEICO, the insurance business. He continually invested in this company up to 1996, when eventually had bought so much shares that he owned the entire business.

But arguably one of Warren Buffetts best purchases was in 1988, when he started buying the beverage company coca-cola. Now he knew this product like the back of his hand. He’d been drinking it since he was a kid, and he saw the star power of it. He eventually gains a 7% stake in the company for $1.2 billion.

By now Warren Buffett was starting to build an empire of some of the best companies in the greatest economic power of the world the USA.

Also more and more people started seeing how successful Buffett was as an investor so they all wanted to own his stock.

So Buffett was getting more and more money to work with, he was buying more and more quality businesses and he was doing this in the greatest capitalistic the United States.

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