How Warren Buffett \[Accidentally\] Started Berkshire Hathaway

"The thing is, when I got out of college, I had $9,800, but by the end of 1955, I was up to $127,000. I thought, I'll go back to Omaha, take some college classes, and read a lot—I was going to retire! I figured we could live on $12,000 a year, and off my $127,000 asset base, I could easily make that. I told my wife, "Compound interest guarantees I'm going to get rich... I had no plans to start a partnership, or even have a job. I had no worries as long as I could operate on my own." - Forbes.com

----- AWESOME recount of how Berkshire Hathaway came about... Hat tip to Financial Ramblings for finding it. Photo by Asa Mathat of Fortune Live Media.