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Announced Sun, 5 Jul · 13:52 IST

What Warren Buffett learnt from buying his first stock at age of 11 amid World War II

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AI summary

The article recounts Warren Buffett's first stock purchase at age 11 in 1941 — three shares of Cities Service at $38.25 each — and how he regretted not putting the same $114 into the S&P 500, which would be worth around $400,000 today. It highlights his long-term value investing philosophy and shares his famous quote that the stock market is 'a device for transferring money from the impatient to the patient.' The piece carries no Indian market relevance.