1) Warren 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.
7) Warren Buffet 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.
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 who was 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.
10) Warren Buffet 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.
12) He has donated $31 billion (85% of his fortune) to charity.
His disposition made him a billionaire........I don't think so he is a 3rd richest man...he is in 4th position...
ReplyDeleteya u r right.... i am very happy to know that u r cross referencing the info presented here...
ReplyDeleteSalute to his simplicity and his golden rules.. He has been a sensational inspiration... Kudos..!!
ReplyDeletehe is juz not simple alone, he helps the poor to its one of the important things tat the indian billionaires should learn from the americans apart from earning...
ReplyDeletesimplicity is the address of a noble man n he suits it.....!
ReplyDeletewell dude
ReplyDeleteSalute for his simplicity and thanks for his advice.
ReplyDeleteCan u say how long he stays in first place?
he was richest man in the year 2008 only but the important thing is that he swept past Bill Gates who had been the world's richest for 13 consecutive years according to forbes..
ReplyDelete