Tuesday, January 7, 2014

Warren Buffett

Hello There, I got this piece of information from a Facebook Page.

This information might be inspiring for aspiring entrepreneurs so, I thought to post this 

here.



WARREN BUFFETT is the  3rd RICHEST MAN IN THE WORLD


  •  Warren bought his first share at age 11 and he now regrets that he started too late!

  •  He bought a small farm at age 14 with savings from delivering newspapers.
  • 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 which does not have a wall or a fence.

  •  He drives his own car everywhere and does not have a driver or security people around him.

  • He never travels by private jet, although he owns the world's largest private jet company.

  • 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.

  • Warren Buffett 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.

  • He does not socialize with the high society crowd. His past time after he gets home 
is to make himself some popcorn and watch television.

  •  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 Buffett. 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.
  • 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.

  • He has donated $31 billion (85% of his fortune) to charity.



do you have an inspiration to share?

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