from my los angeles based Harvard sponsor to his hundreds of friends.

umesh

   
 
  
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          TALK ABOUT HUMILITY!

   
 

  
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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 of stock 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 midtown  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 reg ular b asis.  He has 
given his CEO's only two rules. Rule number 1:  Do not lose any of your 
shareholder' s money.  Rule number 2:  Do not forget rule number 1.  
7.  He does not socialize with the high society crowd.  His pastime 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 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.&nb sp; 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.  Wear those things in which you feel comfortable.  
E.  Don't waste your money on unnecessary things.  Spend on those who really 
are in need. 
F.  After all, it's your life.  Why give others the chance to rule your  life?' 
 



   


   








  
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Umesh Sharma

Washington D.C. 

1-202-215-4328 [Cell]

Ed.M. - International Education Policy
Harvard Graduate School of Education,
Harvard University,
Class of 2005

http://www.uknow.gse.harvard.edu/index.html (Edu info)

http://hbswk.hbs.edu/ (Management Info)




www.gse.harvard.edu/iep  (where the above 2 are used )
http://harvardscience.harvard.edu/



http://jaipurschool.bihu.in/
       
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