Home Viewpoints Leadership Interesting aspects of life - Warren Buffet. Monday, 08 September 2008
             
Interesting aspects of life - Warren Buffet. PDF Print E-mail
User Rating: / 0
PoorBest 
Monday, 30 June 2008 19:36
Something to think about....


There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity

Here are some very interesting aspects of his life:


1. He bought his first share at age 11 and he now regrets that he started too late!


2. He bought a small farm at age 14 with savings from delivering newspapers.


3. He still lives in the same small 3-bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.


4. He drives his own car everywhere and does not have a driver or security people around him.


5. He never travels by private jet, although he owns the world"s largest private jet company.


6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis. He has given his CEO"s only two rules.

Rule number 1:

Do not lose any of your share holder"s money.

Rule number 2:

Do not forget rule number 1.


7. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch Television.


8. Bill Gates, the world"s richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had
scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.


9. Warren Buffet does not carry a cell phone, nor has a computer on his desk.



His advice to young people:
"Stay away from credit cards and invest in yourself and

Remember:

A. Money doesn"t create man but it is the man who created money.

B. Live your life as simple as you are.

C. Don"t do what others say, just listen them, but do what you feel good.

D. Don"t go on brand name; just wear those things in which u feel comfortable.

E. Don"t waste your money on unnecessary things; rather, just spend on them whos really in need.

F. After all it"s your life; then why give chance to others to rule our life."

Visit my Blog...

Comments
Discuss Viewpoint
Title: (optional)
[b] [i] [u] [url] [quote] [code] [img] 
 
Receive update notifications?

3.23 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 

MBAA Poll

Via the Interest Rate, what can the Federal Reserve Affect?
 

Quotes

Obviously everyone wants to be successful, but I want to be looked back on as being very innovative, very trusted and ethical and ultimately making a big difference in the world. - Sergey Brin

Visit Sponsors

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.