Warren Buffett

Entries from Come Sit a While that draw on the words of Warren Buffett.

Warren Edward Buffett (born 1930) is widely regarded as the greatest investor of the modern era — a man who turned the quiet discipline of paying attention into one of the most remarkable financial records in history. He was born in Omaha, Nebraska, the son of a stockbroker and congressman, and showed his gift early: he filed his first tax return at thirteen, deducting his bicycle as a business expense. By the time he was fifteen he had saved enough from paper routes and odd jobs to purchase forty acres of farmland in Nebraska, which he rented to a tenant farmer. He studied under Benjamin Graham at Columbia University and absorbed the foundational principle that would guide his entire life: value is not the same as price. He has spent more than seven decades running Berkshire Hathaway from the same modest office in Omaha, eating the same simple meals, living in the same house he bought in 1958 for $31,500. He is worth hundreds of billions of dollars and is legendarily frugal. He has pledged to give nearly all of it away. But what makes Buffett worth reading in a book like this is not the money. It is the discipline of his attention — the way he has thought, day after day for seventy-plus years, about what something is truly worth and what it costs. That habit of mind, turned from markets to mornings, from portfolios to people, produces the line you just read. It is the thought of a man who has been paying close attention to the price of things for a very long time — and who has concluded that the most irreplaceable currency any of us carry is not dollars. It is days.

Entries featuring Warren Buffett

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