“Within these hallowed halls live the memories of Buffett buying his first stock–six shares of Cities Service.”
Warren Buffett is known for being frugal. His conservative, frugal nature may have started in his childhood home. This article provides a link to a video that provides a bit of history about Warren Buffett and allows you to tour the home where Buffett bought his first stock–six shares of Cities Service. It’s also the place where he cooked up one of his first business plans to buy a six-pack of Coca-Cola for a quarter and sell sodas for a nickel each. Take a look and enjoy a bit of history about the second-richest man in America.
For more information, click here.
Teaching Suggestions
You may want to use the information in this blog post and the original article to
- Explore some of the reasons why Warren Buffett has been successful not only in investing, but also in life.
Discussion Questions
- Warren Buffett started investing when he was very young. He purchased six shares of Cities Service stock. From that first investment, he went on to build an empire. What advice do you think Mr. Buffett would give a beginning investor today?
- Mr. Buffett is so rich that he could buy just about anything in the world. And yet, he is still known for being frugal. How do you think this frugal nature affects his investment philosophy and his lifestyle?
kapoormoneyminute 