Best regards
raghav
INTERVIEW OF WARREN BUFFET
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 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, none 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."
Valuable words for our life - Yours loving, Raghav
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Money doesn't create man but it is the man who created money
LLN-IN, L Lakshminarasimhan, ENG-MD-PT-KS Thu, 30 Oct 2008 20:10:42 -0700
