1985 was a memorable year for Buffett. When Buffett sold General Foods to Philip Morris, Berkshire earned $332 million in revenue from that single stock alone. In less than a week, Forbes also began to pay attention to Buffett. Buffett's name was included in the list of the 400 richest people in the world listed by Forbes. At that time, wanting to be on Forbes' wealth list meant that you had to be worth more than $150 million, but Buffett did it when he was only 55 years old. It is indeed not easy to become a billionaire at the age of 55, and you must know that not all billionaires have the ability to enter the wealth list (only 1 out of 14 people can be so lucky), from this perspective Speaking of which, Buffett’s economic acumen is definitely extraordinary! What is it that makes Buffett so magical? Perhaps renaming his favorite book as a child "1,000 Ways to Make a Million Dollars" can better explain this phenomenon, but in his childhood fantasies, Buffett never imagined that he could accumulate such a huge wealth.
When Berkshire Hathaway first went public, the par value of the stock was only $7.50, but now, under Buffett’s leadership, Berkshire’s stock has taken a qualitative leap. , this stock skyrocketed to $2,000! Despite this, Buffett did not choose to divide the company into small companies one by one because of the rapid expansion of the company's scale, especially the capital scale. He believed that in that case, the company would need to pay an additional broker fee. Of course, there is no doubt about Buffett's view, but such Berkshire is more like a club-like collection, and the excessively high stock price has also focused all attention on Berkshire. superior.
As Berkshire Hathaway has received increasing attention in the financial world, Buffett has also begun to rise to fame in the industry. Now when he walks into a hall filled with investors, attention is instantly focused on the 55-year-old tycoon. The acquisition of ABC did change Buffett's life. Under the persuasion of the famous American soap opera screenwriter Agnès Nixon, Buffett became addicted to acting in the TV series directed by Nixon.
Buffett and Nixon met at Murphy’s dinner table. During the dinner, he received an invitation from Richard Nixon to play a role in "Love". Under normal circumstances, those big shots who are CEOs would avoid this kind of cameo, but Buffett did not do this. He liked his debut on the screen very much. In the end, after the union crew paid him the bill, Buffett did not Instead of cashing the check, the check and the stills were framed and kept in the office as a souvenir. The interest in makeup and performances may be part of Buffett's personality. Later, at a friend's banquet, Buffett even dressed up as the soul of American rock music "Elvis Presley". When attending a dinner organized by then-U.S. President Ronald Reagan, Buffett showed off his college character and wore a black tie, and attended with his young daughter Susie. The dinner was also attended by the famous movie star Stallone and the world-renowned fashion designer Donna Karen, and these two people even dined at the same table with Buffett. When he attended the Oscars, Buffett brought his live-in girlfriend Astrid Menkes, who rarely appears in public, and Astrid wore a dress that looked like it was from a thrift store. She was wearing a dress, but she didn't think it was shabby and still showed a confident smile. After the award ceremony, Buffett had dinner with the famous country music singer Dolly Parton. Parton left a deep impression on Buffett. Buffett thought Parton was cute and lovable, but Buffett But he did not let himself leave a strong impression on Parton's heart. You must know that Buffett can easily leave a good impression on many women before him.
When attending banquets hosted by Katharine Graham, Buffett's position would always be arranged between the two most important or interesting women of the night, so that he could give full play to his language skills. However, Buffett has never discovered the ability to control casual topics such as weather and sports. For Buffett, laying the groundwork in order to introduce the topic is often a boring waste of time.
In addition to the personal safety concerns that fame brings to Buffett, it is also the reduction of personal space. There are always strangers calling Buffett’s office, hoping to meet with the billionaire. Direct conversation. These strangers thought that no one could help them, and they did not ask Buffett for a long time. In fact, they knew Buffett's destiny better: they believed that Buffett must be very interested in everything they had to say. Later, Gladys Kaiser came up with a way for Buffett to get these strangers to write letters to Buffett. Since then, Buffett has been receiving letters inquiring about Berkshire stock. At first, the content of the letter was still very benign, such as asking Buffett about hawthorn therapy, or hoping that Buffett could provide start-up funds for a new ice cream recipe, but later, the content of the letter began to relax. "Mr. Buffett, I am tired of my ordinary life. I am attracted by the life of the rich. The yearning for wealth has burned every inch of my body. You are rich, can you give me some?" These are just a few. One of the letters, and many more, were people complaining about their fate and life. "There is nothing else on my mind now except credit cards and bills!"
Surrounded by these letters, Buffett did not throw them away as garbage, but instead collected them. , and save them in categories. This approach is seen by many as very Buffett-esque. Buffett always puts himself in a role, sometimes as a character actor, sometimes as a teacher. Of course, there are also things in these letters that can impress Buffett. If he has time, and if he thinks it is worthwhile, he will reply to the other party personally, and tell the letter writer firmly and without hesitation that any problems that arise should be the responsibility of the letter writer himself! It's as if the person writing the letter is Buffett's child. Buffett will teach the other party how to deal with troubles in the letter - tell their debtors how poor their current situation is and strive for lower repayments as much as possible. The interest rate buys you more time to repay your debt. These words are more like Buffett's monologue. He knows how troublesome it is to fall into a debt crisis, especially if the creditor is a credit card department or a junk bond department, trouble will follow one after another.
Although Buffett is the stock god in the eyes of everyone, his own children have not accepted their father’s professional stock trading