Things you may not know about Warren Buffett

In adolescence, Warren Buffett was a student with bad grades, runaways and stole the sporting goods store at Sears ...

That is just one of the less known facts about Warren Buffett told in the book "The Snowball: Warren Buffett and the Business of Life" thick 960 pages a thorough way of life of the second richest man of America.

While there are many books written about Buffett's life, the way business and his ability to enrich the Snowball to mention a dark picture - a man relentless desire to pursue goals and also have to pay a pretty steep price in lives.

Alice Schroeder, author of the book had many opportunities to Buffett's approach, his family, business relationships and his friends, such as Bill Gates. Schroeder suggested Buffett wrote a book about his life after being understanding of her talent through the analysis of Berkshire Hathaway stock. "Whenever my opinion with anyone else, they just keep Alice recounts the medicine without flattery or praise." Buffett said to Alice.

And she did just that.

Here are 8 things you did not know about billionaire Warren Buffett:

1. A rebellious child

Things You Did not Know About Warren Buffett

Buffett himself as a rebellious and inconvenient. At 12, after his father was elected to Congress, Buffett moved with his family from Omaha, Neb. to Washington, D.C. This movement really have much impact on the lives of Buffett. "I fell in with bad people and do things that maybe I should not do. I was just a protest and rebellion. " Buffett admits.

He had been a poor student at school, often away from home and stealing sportswear at local Sears store.

2. Buy a farm in 10th grade

Things You Did not Know About Warren Buffett

No interest in school work, but Buffett revealed the potential business. In grade 10, Buffett has built over $ 2,000 from the sale of newspapers (a small amount in the 1940s). With the proceeds, he set aside $ 1,200 to purchase a 16 hectare farm in Nebraska. Buffett lives in Washington DC and not like manual labor, hired a farmer to work the land. At school, the students introduced to Warren Buffett from Nebraska, he owned a farm.

3. Harvard refused Buffett

 Things You Did not Know About Warren Buffett

After graduating from college, Buffett applied to Harvard Business School. With a deep understanding of the stock, he will be convinced that you receive. However, Harvard has refused. But that does not make him too disappointed. While looking for alternatives, Buffett discovered his idol Benjamin Graham taught at Columbia. In 1950 he started school there and put the relationship with Graham lifelong.

4. Almost sold Berkshire Hathaway for $ 11.50 / share

Things You Did not Know About Warren Buffett

Today, Buffett's company Berkshire Hathaway business has invested nearly $ 140,000 / share. Back in the 1960s, it is about time that textile companies are grappling with difficult, Buffett need to sell some shares. He shook hands with the chairman of Berkshire and sold at $ 11.50 / share. However, the president is trying to bargain down 12 cents, Buffett was furious. "It really made me unbearable". Buffett said. Instead of selling all shares in the company, he decided to buy the whole and "kicked" out of the company this position.

5. Buffett's biggest mistake

 Things You Did not Know About Warren Buffett

"That should not happen. That was my biggest mistake, "says Buffett after the death of his first wife left the house when Nebraska to California in 1977. Buffett is a rich man with a net worth fortune, estimated at $ 72 million, however, he remains focused on seeking investment partners for the determination of the first single. "My wife became Monday". Buffett said. "She loves me and she still loves me, we've had a great relationship. But ... it should not have happened and all my fault. "

6. Step by Pepsi

Things You Did not Know About Warren Buffett

Coca Cola's interest in Buffett no wonder he had a Pepsi. He used to drink 4 bottles of Pepsi every day. In the 50 th birthday, Buffett donated a cake shaped like a barrel as 6 cans of Pepsi. And his interest changed in 1987 when a friend introduced him to a new Cherry Coke. He liked the company's stock price when Coke was a sharp decline in price war with Pepsi. In 1988, Buffett and Berkshire bought almost 14 million shares of Coke

7. The road to riches

Things You Did not Know About Warren Buffett

Buffett did not stop to succeed and passion to nurture their wealth. 1941, when he was a child, Buffett announced that he would become a millionaire in 35 years. He had been targeted and constantly strive. Many people believe that this has caused his wife to leave. At a dinner party attended Buffett, when a customer asks a question that what is most important to your success in the Buffeett answer is "interested". Most notably, a guest at the party that day also coincides answer a question: Bill Gates is the richest single American than Buffett.

8. The failure

 Things You Did not Know About Warren Buffett

With a net worth of assets to $ 50 billion, Buffett is not never made a mistake in the choice of investments. During his business life, he still has the regrettable mistake. In the late 1980s, Buffett invested in U.S. aviation company Air. And not long after the company's share price fell sharply. "Immediately after signing the bill, the company was making losses and are never standing up."

(According to Forbes)