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4-Warren Buffett

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4-How Simple Are the Great People?

This is about Warren Buffett who is one of the most successful investors, industrialists and philanthropists of the USA.

(1) He bought his first share at the age of 11 and he now regrets that he started too late.

(2) He bought a small farm at the age of 14 with his savings from delivering newspapers.

(3) He still lives in a same small 3-bedroom house in a mid-town Omaha, which 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 boundary 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 own 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.

(7) He has given his CEOs only two rules.
Rule number 1: do not lose any of your share holder's money.
Rule number 2: Do not forget the Rule number 1. 

(8) 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.

(9) 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 him. 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 his devotee.

(10) He does not carry a cell phone, nor has a computer on his desk.

(11) His advice to young people: Stay away from credit cards and invest in yourself.

WHO IS HE? - WARREN BUFFET
The second richest man of the world who has donated $31 billion to charity

IT IS BETTER TO TRY AND FAIL THEN NEVER TO HAVE TRIED AT ALL
The purpose of our existence is not to make a living, but to make a life.
[March, 2007]

 

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Created by Sushma Gupta on January 15, 2002
Contact:  sushmajee@yahoo.com
Modified on 05/05/13