S A L O O M
10-08-2007, 07:14 AM
Something to think about....
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
veryinteresting aspects of his life:
>1. He bought his first share at age 11 and he now regrets
that he
started too late! (Things were very cheap that time!!)
1/ He bought a small farm at age 14 with savings from
delivering newspapers. (One could have bought many things with little savings)
>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, 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 them, but do what you
feelgood.
>>>D. Don't go on brand name; just wear those things in which u
feel comfortable.
>>>E. Don't waste your money on unnecessary things; just spend on them who really in need rather.
>>>F. After all it's your life then why give chance to others to
rule our life."
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
veryinteresting aspects of his life:
>1. He bought his first share at age 11 and he now regrets
that he
started too late! (Things were very cheap that time!!)
1/ He bought a small farm at age 14 with savings from
delivering newspapers. (One could have bought many things with little savings)
>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, 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 them, but do what you
feelgood.
>>>D. Don't go on brand name; just wear those things in which u
feel comfortable.
>>>E. Don't waste your money on unnecessary things; just spend on them who really in need rather.
>>>F. After all it's your life then why give chance to others to
rule our life."