Warren Buffet- isms

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 compound 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 share holder'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 an 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 mobile phone, nor
has a computer on his desk.

11) His advice to young people: Stay away from credit
cards and invest in yourself.