Informative Essay: Warren Buffet As My Mentor
"Buying Geico for 4.28 dollars a share!" "Selling Jim's Pizza for 2 dollars a share!" Whom would I choose as a mentor? What would make great qualities for a mentor? I know who my mentor would be, Warren Buffet. "Who might Warren Buffet be?" You might ask, well I will tell you who he is. Warren Buffet is inspirational, an accomplished entrepreneur, a generous man as well as an extremely intelligent investment strategist. I chose Warren Buffet because of his amazing generosity, humbleness, and ability to persevere through the struggles of life.
Warren Buffet is now ranked as the third richest person in 2015. The first reason for Buffet being my mentor is his intelligence in the stock market. Everyday, I strive to become more familiar with the …show more content…
Warren Buffet even bought 40 acres of land when he was in high school with the money he earned and the money in his savings account! The land, which was also 1,200 dollars was bought by Buffet when he was 14. Buffet had also accumulated an amount of 90,000 dollars when he finished college in 2009. Who could even think of doing this with their money? Instead of spending his hard earned money on usual things a teenager would buy such as video games, or computers, Warren Buffet decided to use his money wisely, and I admire him for doing …show more content…
When things looked bad for Buffet, he struggled through. "When did Warren Buffet struggle?" You ask, it was on October 21, 2014, Warren Buffet's companies that he had invested in were failing. Coke had dropped by six percent, experienced a loss of 1 billion dollars, Coke was also Warren Buffet's biggest amount of investment with Buffet having 400 million shares, and his son on the company board. Even worse, IBM, another one of Warren Buffet's companies he invested in, experienced a thirteen percentage drop in earnings as well as a loss of 1.3 billion dollars. It seemed to not have an end when another one of Buffet's companies, Tesco, a British grocery chain had dropped nearly forty seven percent. Even then, Buffet got through it. He struggled through all the losses and drops and even bought more
Warren Buffet is now ranked as the third richest person in 2015. The first reason for Buffet being my mentor is his intelligence in the stock market. Everyday, I strive to become more familiar with the …show more content…
Warren Buffet even bought 40 acres of land when he was in high school with the money he earned and the money in his savings account! The land, which was also 1,200 dollars was bought by Buffet when he was 14. Buffet had also accumulated an amount of 90,000 dollars when he finished college in 2009. Who could even think of doing this with their money? Instead of spending his hard earned money on usual things a teenager would buy such as video games, or computers, Warren Buffet decided to use his money wisely, and I admire him for doing …show more content…
When things looked bad for Buffet, he struggled through. "When did Warren Buffet struggle?" You ask, it was on October 21, 2014, Warren Buffet's companies that he had invested in were failing. Coke had dropped by six percent, experienced a loss of 1 billion dollars, Coke was also Warren Buffet's biggest amount of investment with Buffet having 400 million shares, and his son on the company board. Even worse, IBM, another one of Warren Buffet's companies he invested in, experienced a thirteen percentage drop in earnings as well as a loss of 1.3 billion dollars. It seemed to not have an end when another one of Buffet's companies, Tesco, a British grocery chain had dropped nearly forty seven percent. Even then, Buffet got through it. He struggled through all the losses and drops and even bought more