something to ponder
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 of stock 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 midtown
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 priva te 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. 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.
7. He does not socialize with the high society crowd. His
pastime
after he gets home is to make himself some popcorn 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 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.
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
in yourself and remember:
A. Money doesn't create man, but it is the man who created money.
B. Live your life as simple as you are.
C. Don't do what othe rs say. Just listen to them, but do what
makes
you feel good.
D. Don't go on brand name. Wear those things in which you
feel comfortable.
E. Don't waste your money on unnecessary things. Spend on
those who
really are in need.
F. After all, it's your life. Why give others the chance to
rule
your life?
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 of stock 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 midtown
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 priva te 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. 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.
7. He does not socialize with the high society crowd. His
pastime
after he gets home is to make himself some popcorn 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 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.
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
in yourself and remember:
A. Money doesn't create man, but it is the man who created money.
B. Live your life as simple as you are.
C. Don't do what othe rs say. Just listen to them, but do what
makes
you feel good.
D. Don't go on brand name. Wear those things in which you
feel comfortable.
E. Don't waste your money on unnecessary things. Spend on
those who
really are in need.
F. After all, it's your life. Why give others the chance to
rule
your life?