1956 return to Omaha '100 percent the right decision' for Warren Buffett
Warren and Susan Buffett, with Susie, 2½, and Howard, 17 months, at their Underwood Avenue home in 1956. Buffett had returned to his hometown after two years in New York.
Posted: Sunday, December 1, 2013 12:00 am
In 1954, Warren Buffett's drive to become rich took him to New York one more time. He went to work for Benjamin Graham, the guru of investing. At last Buffett was managing money in a way that made profits for himself and his clients at the same time, ending the salesman-client conflict of interest that he disliked. Yet Omaha remained on Buffett's mind. “Even when I moved back to work for Graham for 21 months, I had a subscription to The World-Herald.”
For Warren Buffett, the 1956 return to Omaha marked the end of moves that easily could have left his hometown far behind.
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Sunday, December 1, 2013 12:00 am.