HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Some said no to investing...
Introducing Discussionist: A new forum by the creators of DU

Sat May 4, 2013, 04:59 AM

Some said no to investing with Buffett early on


http://www.omaha.com/article/20130504/MONEY/705049899/1707#some-said-no-to-investing-with-buffett-early-on

By Steve Jordon

Part of Elizabeth Hanon's job as Warren Buffett's secretary in the 1960s was to walk across Farnam Street every day at 3 p.m. and buy her boss a Pepsi and a bag of peanuts.

On the day he bought Coca-Cola stock for Berkshire, Buffett told her, “No more Pepsi. Only bring a Coke. And the peanuts.”

In the late 1960s, Elizabeth's husband, Harry, inherited between $20,000 and $40,000, and Buffett offered to let him join the investment partnership he was running from his office at 36th and Farnam Streets.

“Warren Buffett even offered to lend my dad money to put into his new endeavor and pay him back later,” said Hanon's son, Kent, now a retired Bellevue East High School teacher.

FULL story at link.

1 replies, 387 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply Some said no to investing with Buffett early on (Original post)
Omaha Steve May 2013 OP
melm00se May 2013 #1

Response to Omaha Steve (Original post)

Sat May 4, 2013, 07:37 AM

1. Buffett

is a once in a lifetime investor making staggering gains over the years.

I doubt that we will see his like again in my lifetime.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread