In his early 20s, Buffett worked as an investment salesman for Buffett-Falk & Co. in Omaha before moving to New York to be a securities analyst at age 26. During that year, he started Buffett Partnership, Ltd., an investment partnership in Omaha.

New York just wasn't for him, Buffett told NBC. "In some places it's easy to lose perspective. But I think it's very easy to keep perspective in a place like Omaha."