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Buffett's background as a writer for Billboard magazine equipped him with insider knowledge about the music industry, which was crucial for his later successes. He understood that being an artist was not enough he needed a "Plan B," recognizing early on that he had to navigate the music world not as a victim, but as a savvy entrepreneur. Though they share a last name, any notion of a direct relation to Warren Buffett remains anecdotal, but their differences highlight how Jimmy's relational skills have turned him into a successful brand.