His father had other plans and urged his son to attend the Wharton Business School at the University of Pennsylvania.
Buffett only stayed two years, complaining that he knew more than his professors.
At eleven years old, he purchased three shares of Cities Service Preferred at per share for both himself and his older sister, Doris.
Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head - a feat Warren still amazes business colleagues with today.
At only six years old, Buffett purchased 6-packs of Coca-Cola from his grandfather's grocery store for twenty-five cents and resold each of the bottles for a nickel, pocketing a five cent profit.
While other children his age were playing hopscotch and jacks, Warren was making money.
Five years later, Buffett took his first step into the world of high finance.
In 1947, Warren Buffett graduated from high school when he was 17 years old.
It was never his intention to go to college; he had already made ,000 delivering newspapers (this is equal to ,610.81 in 2000).In order to save money, they made a bed for her in a dresser drawer.During these initial years, Warren's investments were predominately limited to a Texaco station and some real estate, but neither were successful.Slighted, Warren then applied to Columbia where famed investors Ben Graham and David Dodd taught - an experience that would forever change his life. At a time when the rest of the world was approaching the investment arena as if it were a giant game of roulette, Graham searched for stocks that were so inexpensive they were almost completely devoid of risk.One of his best-known calls was the Northern Pipe Line, an oil transportation company managed by the Rockefellers.When he was 40 years old, Ben Graham published , one of the greatest works ever penned on the stock market.