9 Secret Strategy! How Warren Buffett made 85$ Billion Dollars? Golden Statement, Book Reading, Learning Attitude, Tackle Fear, Focus & Compounding Concept.
Before going to the List of Strategy we will see How Warren Buffett made 85$ Billion Dollars? with a detailed Strategy from Childhood.
The list is the 9 Secret Strategy! How Warren Buffett made 85$ Billion Dollars?
- Golden Statement
- Consumer Behaviour Analysis
- Business Book Reading
- Compounding Concept
- The Intelligent Investor Author Mr. Benjamin Graham Meet
- Learning Attitude
- Tackle Fear
- Intelligent Business Partner
1) Golden Statement
The Golden Statement of Warren Buffett made a clear goal in his career
“Either I’ll be A Millionaire One Day before 35 Years or else, I’ll jump from high Building“.
This Statement is not easy for a common man. The Person needs Courage & Focus to complete Golden Statement. So there is Only One Person On Earth Completed his Own Golden Statement called as Mr. Warren Buffet.
At the age of 32, Warren Buffet made 1$ Million Dollar Revenue. Want to Know, How Warren Buffet nade 1$ Million Dollar Just Read the Full Blog.
You will be Suprise, the Golden Statement is committed when he was a childhood(very less age). This Shows personality & determination at a young age.
Today 99% of the people, don’t have any goal in life. So How they will succeed? It is impossible to succeed without a goal.
So, I hope you understand the reality of the Golden Statement In Life.
2) Consumer Behaviour Analysis
Warren Buffet born at America in Omaha on 30th August 1930. Warren Buffet Dad Harvard Buffet was a Stock Broker & Politician. In 1030, American Crisis occurred, Due to which many banks & companies closed. All Saving has a lot due to Bank Closed. So Now, Warren Buffet Family was very Poor.
Warren Buffet saw the poor lifestyle of his own family. then he decided the Golden Statement of his Life.
Warren Buffett is a Scholar in Maths. He was a very a thinkable & minded person. He always sees the consumer behavior. For Example, In a Cold Machine, he collected all the Lid of a brand & Sees the which brand maximum people use to purchase. So, by consumer behavior & he saw the Coca-Cola Company use to sell maximum than other brands.
After his investing career, he had the knowledge of Coca-cola so he invested his money in the Coca-Cola Company Share.
So, I hope you understand the Consumer Behaviour Analysis.
3) Business Book Reading
At the age of 10, Warren Buffett was reading a Book at Benson Library. The Book name “One Thousand ways to make $1000“. In that book, there were many ideas to make money. Warren Buffett liked only one idea that is Re-Invest Strategy.
For Example, One Waving Machine Sold whatever profit money will come, Re-invest to buy another waving machine. So he thinks, how much time will it cost him to buy a second weighing machine? So he also thinks that, if all the people in the world, buy there waving machine then How much profit he can make?
Must Read: Top 5 Books You Must Read Before You Die
That was the thinking of Warren Buffett at the age of 10. Business Idea got to by book. he was selling a Coca-cola, Chewing Gum, Magzine & even Newspaper, etc.
He was enjoying making money, had freedom & he was his own boss.
So, I hope you understand the Book Reading.
4) Compounding Concept
He has very much interested in Compounding Concept. He had readen one story related to the compounding concept. One Priest came to the Raja Kingdom. The priest said, “Give me some Donation“. Raja was very
boasting on money told him to say “Whatever you want I’ll give you!”.
The Priest replied, “Give a Rice which doubles in each section of Chess Board“. The Raja was to sell his whole kingdom to complete his donation.
Warren Buffett was very much inspired by Story, he applied Compounding Concept in Core Philosophy.
So, I hope you understand the Compounding Concept Secret Weapon of Warren Buffett.
5) The Intelligent Investor Author Mr. Benjamin Graham Meet
Warren Buffet had not selected at Harvard University. So Dad is so much depressed. Warren Buffett in an interview says, Whatever happens, is good!
He also said, “Maybe it was the best thing to happen to me“.
Few Year Back, Warren Buffett had Reading the book of “The Intelligent Investor” Author By Benjamin Graham. Benjamin Graham was teaching at Columbia University. Warren wrote a letter to Mr. Benjamin Graham that I’m your big fan, You have written an awesome book & I want to join Columbia University.
After Rejection at Harvard University, he joined Columbia University. Warren Buffet said, “There was the best day of my life because I learned a lot about investing with Benjamin Graham.”
Author given Knowledge & Rule to Warren Buffet:
He learned Two Rules of Investing
1) Never Lose Money
2) Never Forget The Rule No. 1
So, I hope you understand Meeting The Intelligent Investor Author Mr. Benjamin Graham.
6) Learning Attitude
He learned Value Investing. A company should be purchase according to the company value not the present Market price of the company.
Must Read: Top 5 Daily Habits Of Self Made Millionaires
For Example, A Pen Actual Cost Value is 10$ & Present Market Price is 20$
so you should not buy, you have to wait when the price drop 20$ to 5$, then you should buy the Pen at 5$. So when the market comes to 10$ for Pen Then Sell that Pen & Make A Profit. This way, Warren Buffett Purchas ethe share of company & Earned a Lot of Money.
In 1956, at the age of 25 years, he started his own venture with One partnership Firm with 7 partners. In 6 Years, In 1962 the company profit margin increased 1 Lakh 5 Thousand Dollar to 7 million dollars. In that, Warren Buffet Had 1 Million Dollars itself. So he becomes Millionaire in just 32 Years. He Completed his Own Golden Rule.
So, I hope you understand Learning Attitude Always Step A Head.
7) Tackle Fear
Warren Buffet had a Stage Fear, If he walked to the stage, he would think that He will vomit it. Then He Joined Public Speaking Course. After he joined Public Speaking Course his life jump to a Professional Carrer.
He had a Strong Stage Fear, but due to the public Speaking Course, his Life becomes extraordinary. He always fights from the problem in any situation, that is why he is a Millionaire.
So, I hope you understand How Warren Buffett Tackle Fear.
8) Intelligent Business Partner
Business Investment Partner Charles Munger. Before Warren Buffet Investment Philosophy was A company have an Actual High Value but due to bad Management, the share price is Cheap. Buy that share & when the Share price is High Sell then & get profit.
After Meeting the Charles Munger, The Warren Buffett Investment Strategy was Search A company should have High Qualities Companies that don’t have to sell. The Company Automatically increase there share price due to quality.
Due to which warren Buffett buy the share of Coca-Cola, American Express, Gillette. They make their profit in Huge Rate & got Success.
In one scenario, Warren Buffet purchases the Some Share of Berkshire Hathaway. Berkshire Hathaway was a Textile Company. Warren Buffett has the Full Control on this Company. He sold all the Useless Assets & stopped Textile production and started his Investing Firm.
The maximum amount of profit is coming from Berkshire Hathaway. So Warren Buffet applied a SImple Compounding Method to earn his money in life.
So, I hope you understand How Intelligent Business Partner required in business.
Did you know Bill Gates & Warren Buffett are very good friends today?
One Day Bill Gate Mother said him to go Hood Canal Family Meeting & there will be Warren Buffett in that meeting. But Bill Gate don’t want to meet Warren Buffett because he thing “Warren is only buying the share & selling“. After Meeting Warren Buffet the Bill Gate Realize that he is a Knowledgeable & Intelligent person.
Then at a time, Bill Gates Dad told Bill Gates & Warren Buffet that you two are successful in life & he gave the paper to both & said I want to know “Which was Reason you become such a successful man”
You will be Suprise! the Bill Gate & Warren Buffett on Paper written “FOCUS”
Because of Focus on one goal this two are highly successful men in the world. Focus gives you a clear goal to achieve a target.
At Present Warren Buffett’s own Networth is $ 85 Billion Dollar Approximately.
Warren Buffett has done a donation to charity 3.4 Billion Dollar to the Bill & Melinda Gates Foundation.
So, I hope you understand Focus is important to complete the dream or destiny.
These are the case study of How Warren Buffett made 85$ Billion Dollars? I hope you really like about 9 Secret Strategy.
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