How did Warren Buffett get started in business?

A:
Warren Buffett may have been born with business in his blood. He purchased his first stock when he was 11 years old, and worked in his family’s grocery store in Omaha. His father, Howard Buffett, owned a small brokerage, and Warren would spend his days watching what investors were doing and listening to what they said. As a teenager, he took odd jobs, from washing cars to delivering newspapers, using his savings to purchase several pinball machines that he placed in local businesses.

His entrepreneurial successes as a youth did not immediately translate into a desire to attend college. His father pressed him to continue his education, with Buffett reluctantly agreeing to attend the University of Pennsylvania. He then transferred to the University of Nebraska, where he graduated with a degree in business in three years.

After being rejected by the Harvard Business School, he enrolled in graduate studies at Columbia Business School. While there, he was taught by Benjamin Graham and David Dodd, both well-known securities analysts. It was under Graham that Buffett learned the fundamentals of value investing. He once stated in an interview that Graham's book, "The Intelligent Investor," had changed his life and set him on the path of professional analysis to the investment markets.

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