Wednesday, July 04, 2007

A very good reading!!

My friend forwarded the following email to me which I think is a good reading and would like to share with you all. Enjoy your reading!

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Interesting aspects of life - Warren Buffet

There was a one hour interview on CNBC with Warren Buffet, the secondrichest 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 startedtoo late!
  2. He bought a small farm at age 14 with savings from deliveringnewspapers.
  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 afence.
  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 theyear. 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 WarrenBuffet. So he had scheduled his meeting only for half hour. But when Gatesmet 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 inyourself and remember:
  • Money doesn't create man but it is the man who created money.
  • Live your life as simple as you are.
  • Don't do what others say, just listen them, but do what you feelgood.
  • Don't go on brand name; just wear those things in which u feelcomfortable.
  • Don't waste your money on unnecessary things; just spend on them whoreally in need rather.
  • After all it's your life then why give chance to others to rule our life."

1 comments:

bZbee said...

i like this ..its one of a kind thingy..