Tuesday, September 30, 2008

Warren Buffet




  • Warren Buffet is the 2nd richest man in the world.He has donated $31 billion to charity.
  • He bought his first share at the age of 11 and now he regrets that he started too late!
  • 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 in that house.
  • His house does not have a wall or a fence.
  • He drives his own car everyday and does not have a driver or security people around him.

  • He never travels by private jets,although he owns the world's largest private jet company.

  • 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 gives his CEO's only two rules.

    1. Do not lose any of your share holder's money.
    2. Do not forget rule number 1.


  • His past time after he gets home is to make some pop corn and watch television.

  • 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(bank loans) and invest in yourself and Remember:

    1. Money doesn't create man but it is man who created money.
    2. Live your life as simple as you are.
    3. Don't do what others say, just listen them, but do what 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 them who really
      in need rather.
    6. After all it's your life then why give chance to others to rule our life."