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Article : 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: |
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He bought his first share at age 11
and he now regrets that he started
too late! |
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He bought a small farm at age 14
with savings from delivering
newspapers. |
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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. |
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He drives his own car everywhere and
does not have a driver or security
people around him. |
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He never travels by private jet,
although he owns the world's largest
private jet company. |
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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. |
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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. |
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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. |
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Warren Buffet does not carry a cell
phone, nor has a computer on his
desk. |
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His advice to young people: "Stay
away from credit cards and invest in
yourself and Remember: |
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A. Money doesn't create man but it
is the man who created money. |
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B. Live your life as simple as you
are. |
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C. Don't do what others say, just
listen them, but do what you feel
good. |
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D. Don't go on brand name; just wear
those things in which u feel
comfortable. |
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E. Don't waste your money on
unnecessary things; just spend on
them who really in need rather. |
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F. After all it's your life then why
give chance to others to rule our
life." |
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