The Life Of 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. 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.
7. 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.
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 others say, just listen to them, but do what you feel is good.
D. Don't go on brand name; just wear those things in which you feel is comfortable.
E. Don't waste your money on unnecessary things; just spend on what you really need .
F. After all it's your life then why give chance to others to rule your life."

Peter Ogunkunle
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Heaven Is Real (I can tell you that), Hell is real as well (It is not a fallacy), Life is SHORT and Death is SURE. Where will you spend your Eternity? Smoking or Non-Smoking? Decide Now.
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man, I like this post so much please keep it up

You may need to revise the latest ranking, he is no longer the World's second richest man.I do not take anything away from him, he is one of the People i look up to investment-wise, i am only putting this across so as not to have people mis-informed.Thank You!

Oga o this man is disciplined to the core.

I really must take a leaf out of his book.

 this is fantstic, am reading this on the 1st day in the year 2008, this is really going to be something one needs to build the year's foundation on and assuredly, it will not be business as usual. thanks for this posting

Quite inspiring.

nice
i got some life changing tips there
keep it up