Monday, April 28, 2008

WarreN BuffeT


Interview with warren Buffet

There was a once interview with Warren Buffet, the second richest man who 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 regrest that he started too late.

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

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

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

5. He never travels by private jet, although he owns the worlds largest private jet company.

6. His company, berkshire hathaway, own 63 companies. He write only one letter each year to the CEO's of these companies, giving them goals for the year. He never holds gretings or calls them on a regular basic. He has given his CEO's only for two rules. Rule number 1:Don't lose any of your share holder's money, Rule number2:Don't forget rule number 2.

7. He does not socialize with the high socienty crowd. His part time after he gets home is to make himself some popcorn 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 everything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when gates meet 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, not has a computer on his desk.

HIS ADVICE TO YOUNG PEOPLE : Stay Away From Credit Cards and Invest in yourself and remember.

1. Money does't create man but it is the man who created money.

2. Live your life as simple as you are.

3. Don't do what others say, just listen to them, but do what makes you feel good.

4. Don't go on brand name, just wear those things in which you feel comfortable.

5. Don't waste your money on unnecessary things, just spend on things that you really need.

6. After all it's your life, then why give others the chance to rule your life.

really a good man..... my inspiration..

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