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 holders 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 to them, but do
what makes you feel good.
D.
Don't go on brand name; just wear those things in which
you feel comfortable.
E.
Don't waste your money on unnecessary things; just spend
on things that you really need.
F.
After all it's your life, then why give others the
chance to rule your life.'
'No one can make you feel inferior without your
permission, remember they are no better. '
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