Warren+Buffett

=Notes 1:= [|http://web.streetauthority.com/warren_buffett.asp]
 * Thesis****:** Warren Buffett has help so many people and made so many people rich he has influenced today the importance of knowledge when thinking money and how to help other people.
 * Outline:**
 * I:** Managing Stock
 * a.** Learning the ways of money
 * b.** Helping others with financial problems
 * II:** Inspirations
 * a.**To be carful with money and how to manage it
 * b.** To help others with their problems
 * 1) His Net Worth is $32 Billion.
 * 2) 2nd Wealthiest man in the United States
 * 3) World's most prominent value investor
 * 4) Buffett caught the investing bug at the University of Nebraska
 * 5) He is known as "The Oracle of Omaha"
 * 6) Buffett invests in businesses with superior economic characteristics that are controlled by successful
 * 7) Buffett does not pay attention to stock market fluctuations
 * 8) Sticks to his long-term investing plan
 * 9) Made many people very wealthy over the course of his five-decade career
 * 10) If firm's fundamentals do not change he will not sell
 * 11) one of the greatest and most revered stock-pickers of all time
 * 12) says investors shouldn't complicate things by seeking out complicated companies
 * 13) has kept Berkshire Hathaway away from fast-growing technology stocks
 * 14) Buffett attempts to predict what the company will look like 10 years in the future
 * 15) Buffett emphasizes return on equity
 * 16) He prefers to invest in companies where he can confidently forecast future
 * 17) He is particularly fond of firms that don't require a lot of capital
 * 18) Buffett bought insurers Geico and General Re because he liked how the companies limited and managed their debt
 * 19) likes the "float" that insurance companies offer
 * 20) he looks for quality companies with quality management teams

=Notes 2:=
 * 1) born in Omaha in 1930
 * 2) His father was a stockbroker and Republican congressman
 * 3) When he was young he had an affinity for numbers
 * 4) When he was 11, he began marking the board at his father’s brokerage
 * 5) at 11 he bought his first stock
 * 6) As an adolescent, he was a tireless entrepreneur
 * 7) savings from his two paper routes, he spent $1,200 on 40 acres of Nebraska farmland
 * 8) caught the investment bug as a senior at the University of Nebraska
 * 9) challenge appealed to Buffett’s mathematical skills
 * 10) Buffett was rejected from Harvard Business School
 * 11) a masters in economics
 * 12) in 1957, started his first investment partnership
 * 13) Buffett’s investments had ballooned at a compound rate of 29.5 percent
 * 14) Buffett began purchasing stock in a struggling New Bedford, Mass.