Warren Buffett’s Biggest Bet | The Golf Ball Thief | 2
Business Movers
Wondery
4.8 • 1.5K Ratings
🗓️ 10 March 2022
⏱️ 39 minutes
🧾️ Download transcript
Summary
Throughout his early life, Warren Buffett tries to strike a balance between being rational and reckless as he pursues his goal of “becoming a millionaire by the age of 35.
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Transcript
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| 0:31.0 | It's early 1945 in the Buffett's family home outside Washington DC over 18 years before |
| 0:38.0 | Warren Buffett buys stock in American Express. |
| 0:43.0 | A 14-year-old Warren creeps into his bedroom. |
| 0:46.0 | He's nervous and exhilarated. |
| 0:48.0 | In his hands Warren holds a box of golf balls. |
| 0:52.0 | Slung over his shoulder as a brand new golf bag. |
| 0:55.0 | But Warren didn't buy any of it. |
| 0:57.0 | He stole them from the Sears department store moments ago. |
| 1:01.0 | He doesn't want his parents to find out. |
| 1:03.0 | So Warren quietly opens his closet door and stores his stolen treasures inside. |
| 1:09.0 | Warren doesn't need to steal. He has plenty of money. |
| 1:12.0 | He's one of the most successful newspaper delivery boys in the area. |
| 1:16.0 | Warren could have worked hard, saved up and paid for the golf gear. |
| 1:20.0 | But he loves the thrill of stealing. |
| 1:22.0 | In fact, stealing things from Sears and acting out in school had become two of Warren's favorite pastimes. |
| 1:28.0 | But that's about to change. |
| 1:31.0 | Warren turns to see his father Howard Buffett, a Republican congressman from Nebraska, standing in the doorway. |
| 1:37.0 | What do you have there, Warren? |
| 1:39.0 | Golf balls and a golf bag? |
... |
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