Howard Homan Buffett (August 13, 1903 – April 30, 1964) was an
Omaha, NebraskaOmaha is the largest city in the state of Nebraska, United States, and is the county seat of Douglas County. It is located in the Midwestern United States on the Missouri River, about 20 miles north of the mouth of the Platte River...
businessman and four-term Republican United States Representative.
Buffett was born in Omaha, Nebraska, attended
public schoolsIn most of the world, excluding England and Wales and some Commonwealth countries, a public school is an educational institution that is funded with tax revenue and most commonly administered by a local government or government agency...
and graduated from the University of Nebraska in
Lincoln, NebraskaThe City of Lincoln is the capital and the second most populous city of the U.S. state of Nebraska. Lincoln is also the county seat of Lancaster County and the home of the University of Nebraska...
in 1925. While a student, Buffett was a brother of the
Alpha Sigma Phi FraternityAlpha Sigma Phi Fraternity is a social fraternity with 68 active chapters, colonies, and interest groups. Founded at Yale in 1845, it is the 10th oldest fraternity in the United States....
. Entering the
investmentInvestment or investing is a term with several closely-related meanings in business management, finance and economics, related to saving or deferring consumption. Investing is the active redirection of resources: from being consumed today, to creating benefits in the future; the use of assets to...
business, Buffett also served on the Omaha
board of educationA board of education or a school board or school committee is the title of the board of directors or board of trustees of a school, local school district or higher administrative level....
from 1939 to 1942.
Howard Homan Buffett (August 13, 1903 – April 30, 1964) was an
Omaha, NebraskaOmaha is the largest city in the state of Nebraska, United States, and is the county seat of Douglas County. It is located in the Midwestern United States on the Missouri River, about 20 miles north of the mouth of the Platte River...
businessman and four-term Republican United States Representative.
Buffett was born in Omaha, Nebraska, attended
public schoolsIn most of the world, excluding England and Wales and some Commonwealth countries, a public school is an educational institution that is funded with tax revenue and most commonly administered by a local government or government agency...
and graduated from the University of Nebraska in
Lincoln, NebraskaThe City of Lincoln is the capital and the second most populous city of the U.S. state of Nebraska. Lincoln is also the county seat of Lancaster County and the home of the University of Nebraska...
in 1925. While a student, Buffett was a brother of the
Alpha Sigma Phi FraternityAlpha Sigma Phi Fraternity is a social fraternity with 68 active chapters, colonies, and interest groups. Founded at Yale in 1845, it is the 10th oldest fraternity in the United States....
. Entering the
investmentInvestment or investing is a term with several closely-related meanings in business management, finance and economics, related to saving or deferring consumption. Investing is the active redirection of resources: from being consumed today, to creating benefits in the future; the use of assets to...
business, Buffett also served on the Omaha
board of educationA board of education or a school board or school committee is the title of the board of directors or board of trustees of a school, local school district or higher administrative level....
from 1939 to 1942. In 1942 he ran for the U.S. House of Representatives in the Nebraska district in which Omaha was located, winning the Republican nomination in the
primaryA primary election , also referred to simply as a primary, is an election in which voters in a jurisdiction select candidates for a subsequent election...
and then the subsequent
general electionIn a parliamentary political system, a general election is an election in which all or most members of a given political body are up for election...
; he was reelected twice. In 1948 he again was the Republican nominee for another term, but was defeated for reelection; however, he was the Republican nominee for the office again in 1950 and won the office back. In 1952 Buffett decided against seeking another term and returned to his investment business Buffett-Falk & Co. in Omaha, in which he worked until shortly before his death.
Howard Buffett is remembered for his highly libertarian stance, having maintained a friendship with
Murray RothbardMurray Newton Rothbard was an American intellectual, individualist anarchist, author, and economist of the Austrian School who helped define modern libertarianism and popularized a form of free-market anarchism he termed "anarcho-capitalism"...
for a number of years. A vocal critic of the
Truman DoctrineThe Truman Doctrine is a set of principles of U.S. inland policy created on March 12, 1947 by President Harry S Truman. In his speech to Congress, Truman declared that the United States, as "leader of the free world", must support democracy worldwide and fight against communism...
and the
Korean WarThe Korean War is a war that started between North Korea and South Korea on 25 June 1950 and paused with an armistice signed 27 July, 1953...
, speaking on the floor of Congress, he said of military interventionism that,
Even if it were desirable, America is not strong enough to police the world by military force. If that attempt is made, the blessings of liberty will be replaced by coercion and tyranny at home. Our ideals cannot be exported to other lands by dollars and guns.
Although his son
Warren BuffettWarren Edward Buffett is a U.S. investor, businessman, and philanthropist. He is one of the most successful investors in history, the primary shareholder and CEO of Berkshire Hathaway, and in 2008 was ranked by Forbes as the richest person in the world with an estimated net worth of approximately...
has criticized investing in gold because he believes that investing in businesses does more social good, Howard Buffett was a proponent of the gold standard.
Family
- Warren Buffett
Warren Edward Buffett is a U.S. investor, businessman, and philanthropist. He is one of the most successful investors in history, the primary shareholder and CEO of Berkshire Hathaway, and in 2008 was ranked by Forbes as the richest person in the world with an estimated net worth of approximately...
(Son), InvestorAn investor is any party that makes an investment.The term has taken on a specific meaning in finance to describe the particular types of people and companies that regularly purchase equity or debt securities for financial gain in exchange for funding an expanding company...
, and PhilanthropistA philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
. Also Chairman & CEO, Berkshire HathawayBerkshire Hathaway is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. The Company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years, while employing large amounts of...
- Peter Buffett
Peter Andrew Buffett is an American musician, composer, and producer. Buffett is the second son of investor Warren Buffett and his late wife Susan Buffett.-Biography:...
(Grandson), AmericanThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
MusicianA musician is a person who performs or writes music. Musicians can be classified by their roles in creating or performing music:* An instrumentalist plays a musical instrument.* A singer uses his or her voice as an instrument....
, ComposerA composer is a person who creates music, usually by musical notation, for interpretation and performance. The level of distinction between composers and other musicians varies, which affects issues such as copyright and the deference given to individual interpretations of a particular piece of...
, and ProducerIn the music industry, a record producer has many roles, among them controlling the recording sessions, coaching and guiding the musicians, organizing and scheduling production budget and resources, and supervising the recording, mixing and mastering processes...
- Howard Graham Buffett
Howard Graham Buffett is an American philanthropist, photographer, and farmer. He is the eldest son of billionaire investor Warren Buffett. He is named after Howard Buffett, his grandfather, and Benjamin Graham, Warren Buffett's teacher.-Personal life:Howard G...
(Grandson), following in his father's footsteps, is on the corporate board of Berkshire HathawayBerkshire Hathaway is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. The Company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years, while employing large amounts of...
External links