Warren went to Wilson High School in Washington D. C….This was because his father Howard was elected to the Congress in 1942 and the family moved first to Fredericksburg, Virginia and later to Washington D. C…He was continually homesick for Omaha…He got paper routes to take his mind off his homesickness…In his senior year Warren and Donald Danly bought seven pinball machines….They started a company called Wilson Coin Operated Machine and put the machines in barbershops…Warren was the financial guy and Dan would work on the machines when they broke…Warren was said to be “not very mechanically minded”… At age 14 Warren takes the money he has earned from his paper routes and buys a 40 acre farm in Nebraska...
His Wilson High School classmates remember him for always wearing sneakers, even in the dead of winter and being good with math and numbers…In his senior year of high school, not only had Warren decided on a business career, he would become an investor…He graduated in June 1947, at the age of sixteen…He finished 16th out of 374 students…His yearbook said likes math, a future stockbroker…Had Warren graduated in Omaha, he would have graduated from Benson High School…(He does attend Benson High’s reunions)…When he graduated, he had income from his paper routes and from Wilson Coin and cash rent from the farm he owned…He had read over one hundred business books…He did not really want to go to college…His father made him go (to college)…Wilson Coin is sold for $1,200 to a war veteran in 1947, the same year they started the company...
Warren attends Wharton Business School in Pennsylvania…His junior year Warren transfers to the University of Nebraska…After graduating with a B. S. degree in Economics in 1950, Warren applies to Harvard…Harvard turns him down...He has read the Intelligent Investor in 1950 by Benjamin Graham which he thoroughly enjoyed…Ben teaches at Columbia University, so he applies there and is accepted…He graduates in 1951…Ben Graham would be a mentor for life…Later Warren would write the preface and much of the appendix in the fourth edition of the Intelligent Investor…
After graduating from Columbia and the knowledge learned from Ben’s classes, Warren is armed and ready to go to work, investing and picking stocks…
His Wilson High School classmates remember him for always wearing sneakers, even in the dead of winter and being good with math and numbers…In his senior year of high school, not only had Warren decided on a business career, he would become an investor…He graduated in June 1947, at the age of sixteen…He finished 16th out of 374 students…His yearbook said likes math, a future stockbroker…Had Warren graduated in Omaha, he would have graduated from Benson High School…(He does attend Benson High’s reunions)…When he graduated, he had income from his paper routes and from Wilson Coin and cash rent from the farm he owned…He had read over one hundred business books…He did not really want to go to college…His father made him go (to college)…Wilson Coin is sold for $1,200 to a war veteran in 1947, the same year they started the company...
Warren attends Wharton Business School in Pennsylvania…His junior year Warren transfers to the University of Nebraska…After graduating with a B. S. degree in Economics in 1950, Warren applies to Harvard…Harvard turns him down...He has read the Intelligent Investor in 1950 by Benjamin Graham which he thoroughly enjoyed…Ben teaches at Columbia University, so he applies there and is accepted…He graduates in 1951…Ben Graham would be a mentor for life…Later Warren would write the preface and much of the appendix in the fourth edition of the Intelligent Investor…
After graduating from Columbia and the knowledge learned from Ben’s classes, Warren is armed and ready to go to work, investing and picking stocks…
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