Buffett: The Making of an American Capitalist - Return of the Native Summary & Analysis

Roger Lowenstein
This Study Guide consists of approximately 46 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Buffett.
This section contains 386 words
(approx. 1 page at 400 words per page)
Buy the Buffett: The Making of an American Capitalist Study Guide

Return of the Native Summary and Analysis

Buffett had an abiding interest in publishing, having purchased an Omaha newspaper. He subsequently invested in the Washington Monthly, a new publication, begun by Charles Peters, a former Peace Corps volunteer. Peters blew the money and Buffett invested an additional $50,000, hoping to turn it around. He then had a hot news tip upon which the editor refused to act. So, he called the Omaha Sun, which he owned. The tip involved Boys' Town, a revered organization, that had an investment portfolio of 162 million, while sending out pleas for gifts, purporting to be in poverty. The Omaha sun grabbed onto the story and won a Pulitzer Prize.

Little by little, Buffett began to get back into the "game." After the crash of performance funds, the new funds were comprised of big name growth stocks, such as...

(read more from the Return of the Native Summary)

This section contains 386 words
(approx. 1 page at 400 words per page)
Buy the Buffett: The Making of an American Capitalist Study Guide
Copyrights
BookRags
Buffett: The Making of an American Capitalist from BookRags. (c)2016 BookRags, Inc. All rights reserved.