Buffet learned how to involve in high probably investments since high-school. Back in those years, he and one of his friends bought a reconditioned pinball machine for $25. They put the game in a barber shop. They checked the coin box at the end of the first day and found $4. “I figured I had discovered the wheel,” says Buffet. Eventually the pinball business was netting $50 per week. By the time Warren graduated high school, he is an owner of a small farm in Nebraska and has $9,000 in his bank account

Buffet doesn’t like to gamble. He always invests with clear aim in his head. In his last years in high school, he already had the reputation of “the money man”, who knows a lot about the stock market. Back then he intentionally shorted some shares of American Telephone, because he knew that all his high school teachers owned it. He thought that with that shorting he would terrorize them about their retirement.

So kids, if you have any problems with teachers in school or college, go and find out which shares do they own in their 401. Then send the info to your buddies and start shorting.

Buffet likes to have revenues from different sources. When his children were still young, he started giving them allowances as every good father is supposed to. Then he put a slot machine up in the attic of his house. His kids went there and lost every single penny, he gave them. Warren’s son Howard mentions that “in ten years, I couldn’t get three of those melons to line up”.

So parents, wake up early tomorrow morning and go to buy a slot machine. Then install it in your attic or living room and organize a party for your kids. Tell them to bring friends.

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