How Buffett and Munger helped Americans become savvy investors

But in April 1942, at age 11, he bought his first stocks, purchasing three shares in the utility company Cities Service, and his career in investing had a liftoff, as equities analyst Alex W. Morris explains in “Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Annual Shareholder Meetings” (Harriman House).