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He has always been intrigued with numbers. He bought first stocks at age 11—three shares of Cities Service Company, now known as CITGO, sold soda pop door to door, had a paper route and eventually saved enough to buy 40 acres in Nebraska at age 14 in which he turned around and made more money renting the land. His investment strategy is to buy stocks that would outperform the Dow Jones average by at least 10% annually, and he usually focuses on well established but under performing companies, and may hold stocks for years or decades. Later in life he became involved with Berkshire Hathaway, a textile mill in New Bedford, Massachusetts...
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