Sunday, March 02, 2008

Warren Buffet

How many times do we dream of the day that we would have lots of money
> just to spoil ourselves, and what do guys do who have billions?
>
> 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 CEO's 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 to them, but do what you feel
> is good.
>
> D. Don't go on brand names; just wear those things in which U feel
> comfortable.
>
> E. Don't waste your money on unnecessary things; rather spend on those
> people who are really in need.
>
> F. After all it's your life - then why give chance to others to rule
> your life."
>
> G. The best investment you can ever make, is to invest in the Kingdom
> of God.

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