, making a profit of $2 per share, but he learned an important lesson about patience when the price later shot up to $200 per share."The money is made in investments by investing,"
, "and by owning good companies for long periods of time. If they buy good companies, buy them over time, they're going to do fine 10, 20, 30 years from now.": Long before he was the "Oracle of Omaha," Buffett was a business-savvy kid looking to get a head start on amassing an impressive net worth. When he was only 6 years old,
to people in his neighborhood — Juicy Fruit, Spearmint and Doublemint cost a nickel per pack of five sticks — and even sold bottles of Coca-Cola door to door in the summer.delivering The Washington Post . Waking up at 4:30 a.m. every morning, Buffett also sold new magazine subscriptions on the side and challenged himself to look for ways to make his deliveries faster than he had before. After making $2,000 delivering newspapers by the age of 15, Buffett invested $1,200 in a 40-acre Nebraska farm.Source: Warren Buffett
Other ways Buffett made money through his teenage years included selling stamps and used golf balls, and he partnered with a friend on a business venture where they bought pinball machines, placed them in local barbershops, and "built a small empire out of it,"
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