Warren Buffet‎

Warren Buffet‎
From: Amit
Sent: Tue 1/23/07 7:09 PM
To:


Subject: 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:

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.
7) He has given his CEO's only two rules. Rule number 1: do not
lose any of your shareholder'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, 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.

Thanks & Regards,
Amit