Tuesday, March 29, 2011

Q

In 1950 when he was 20 years old had made and saved $9,800. In April 1952, he discovered Benjamin Graham (A Famous Investor) was on the board of GEICO insurance. Taking a train to Washington, D.C. on a Saturday, he knocked on the door of GEICO's headquarters until a janitor allowed him in. There he met Lorimer Davidson, Geico's VP, and the two discussed the insurance business for hours. Davidson would eventually become his life-long friend and a lasting influence and later recall that he found him to be an "extraordinary man" after only fifteen minutes. He wanted to work on Wall Street, however, both his father and Ben Graham urged him not to. He offered to work for Graham for free, but Graham refused. Who ?

A-Warren Buffett

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