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Worth the read…

Monday, September 29, 2008


Give one minute to read this interview
hope u can change something in your
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 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, 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 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.”

Posted by msrheico at 9:59 pm | permalink

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