LNC Corporation Issued to Buffett Partnership Ltd. - 1963 dated Oil Stock Certificate
Inv# AG3021 Stock
Pennsylvania
Oil Stock printed by Franklin Lee Division - American Bank Note Co. issued to Buffett Partnership Ltd. on front of stock!
Warren Buffett, a protégé of Benjamin Graham, had a close relationship with Tweedy, Browne in the early stages of his investing career. He used the firm as his preferred brokerage for Buffet Partnership, Ltd. (1956-1966) and purchased his first shares of Berkshire Hathaway through them.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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