From an article by The New York Times: I dont believe in dynastic wealth, he said, calling those who grow up in wealthy circumstances members of the lucky .\r
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Buffett was born in 1930 in Omaha, Nebraska, the second of three children and only son of U.S. Representative Howard Buffett, a fierce critic of the .\r
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Financial risk management is the practice of creating economic value in a firm by using financial instruments to manage exposure to risk, particularly credit risk .\r
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Buffett became a billionaire on paper when Berkshire Hathaway began selling class A shares on May 29, 1990, when the market closed at $7175 a share.
