Not true. He bought his first stock at 11 by pooling money with his sister, and sold after it dropped 30% then bounced back up to a profit. The stock was "Cities Service" which became Citgo later.
I've read this years ago in "The Warren Buffett Portfolio", but couldn't find a definitive source for this response quickly, so here (https://www.fool.com/how-to-invest/2014/03/15/the-very-first...) is the reference I used to recount the details above.
I've read this years ago in "The Warren Buffett Portfolio", but couldn't find a definitive source for this response quickly, so here (https://www.fool.com/how-to-invest/2014/03/15/the-very-first...) is the reference I used to recount the details above.