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In this quote, Warren Buffett is recalling his experience delivering newspapers as a child. He estimates that he delivered around 500,000 newspapers total. For each paper he delivered, he was paid about one penny.
So by delivering around 500,000 papers at a penny each, he estimates he earned a total of around $5,000 from his newspaper delivery work as a kid. The quote suggests Buffett had an entrepreneurial spirit even at a young age, as he worked to earn money delivering newspapers on a large scale.
#NationalNewsPaperCarrierDay #NewsPaperCarrierDay #PaperBoyDay September 4