Nice Experience. Think About it.

Discussion in 'Philosophy & Religion' started by Artemis, Nov 22, 2007.

  1. Artemis

    Artemis Member

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    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 them, but do what you feel good.

    D. Don't go on brand name; just wear those things in which u feel comfortable.

    E. Don't waste your money on unnecessary things; just spend on them who really in need rather.

    F. After all it's your life then why give chance to others to rule our life."
     
  2. BigM

    BigM Well-Known Member

    This guy is really a hero for the poor, the sick and the marginalised

    He puts others first. I was surprised to read that bought a small farm at 14 with money from delivering newspapers!!
     
  3. he is inspiring, proof that you can be rich and humble. i trying to find the interview buts its hard to find..
     
  4. jlyn_c

    jlyn_c Member

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    he is quite a guy ..... low profile yet rich ..... hopefully we all learn something from him .....
     
  5. wind2000

    wind2000 Self Schemata

    Definitely a good role model to both young and old. -^_^
     
  6. jjjjj10

    jjjjj10 Member

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    Is there an advice missing? "Spend time reading and posting on forums"?! :D
     
  7. [N]

    [N] RATED [ ]

    i think this might be the most benevolent un-selfish rich guy ever...i don't think I or anybody else could handle having half of this guys' traits/beliefs or even a quarter of it...
     
  8. tiffystars

    tiffystars Well-Known Member

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    he's awesome :)
     
  9. Tak-Wah

    Tak-Wah Active Member

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    hahaha lol
     
  10. ab289

    ab289 Well-Known Member

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    he's my idol. how i wish i bought some stocks at age 11. i wldn't be stuck here at work now.
     
  11. smallrinilady

    smallrinilady Well-Known Member

    he is cool, but serioulsy what kind of kid buys stocks at 11
    and what kind of kid buys a whole farm at 14
    with money he made from a newspaper route?
    was in like only an acre large?
    and how did he fund the work that took place

    i dunno, a kid that has those kinds of ambitions worries me
    it would make me think he would grow up to become a money grubbing person

    i wonder who he turned out the way he did
     
  12. ^ some people have natural talents at football, baseball, science etc etc.
    this guy has a talent at making money.