Thursday, March 29, 2012

Warren Buffett - writes about when he was 25

Here's a cool little piece by Warren Buffett talking about his thinking back when he was 25 years old just starting out.


The thing is, when I got out of college, I had $9,800, but by the end of 1955, I was up to $127,000. I thought, I’ll go back to Omaha, take some college classes, and read a lot—I was going to retire! I figured we could live on $12,000 a year, and off my $127,000 asset base, I could easily make that. I told my wife, “Compound interest guarantees I’m going to get rich.”

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