There was a one hour interview on CNBC with Warren Buffett, 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 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 makes you feel good.
D. Don’t go on brand name; just wear those things in which you feel comfortable.
E. Don’t waste your money on unnecessary things; just spend on things that you really need.
F. After all it’s your life, then why give others the chance to rule your life.”
There are mail forwards and blog posts of this interview, dating as old as Dec 2006.
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February 7th, 2008 at 2:29 pm
i love his last advice …..”After all it’s your life, then why give others the chance to rule your life.”
This is difficult for me…”Don’t go on brand name; just wear those things in which you feel comfortable.”
As they say in American Fashion industry, i am such a ‘Label Whore’…shame on me!!
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February 7th, 2008 at 3:15 pm
millionaire ka nihna angin, a va pui ve a, he pa hi…
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February 7th, 2008 at 3:25 pm
“This is difficult for me…”Don’t go on brand name; just wear those things in which you feel comfortable.””
he is an old man. any oldie would say that.
my fav warrant buffet quote:
The market, like the Lord, helps those who help themselves. But unlike the Lord, the market does not forgive those who know not what they do.
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February 7th, 2008 at 3:49 pm
Mi hausa ho hi chu an lo inren viau zel a nih awm hi maw!!! Mi inren hi kan hausa chuang hlei law!
Mahse keini misual ho zingah hre lo kan la awmpalh takin tih thu ah kan post ve tawp mai a nia, a inren lam ai mahin a nun simple-na (?) khi ka ngaisang ve em a ni.
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February 7th, 2008 at 3:51 pm
‘Mi inren hi ……. ‘= ‘Mi inren nazawng hi…..’
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February 7th, 2008 at 9:43 pm
What’s the point in life if we tortured ourself. Just do it, but know ur level and know ur limit. Nothing last forever. Credit card avoid rawh u tih chu dik khawp mai a? Chanmari a ATM SBI awm atang phei khi chuan balance awm thei lo, buaithlak.
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February 7th, 2008 at 9:48 pm
Rangvamual ah leh Phunchawng ah te khuan SBI hian ATM han hawng se a tha fu lo ang maw
hehehe
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February 7th, 2008 at 10:20 pm
A advice D-na khi ka zawm tha khop mai. Brand duh bik leh ngainat bik ka nei lem lo, a nalh ka tih leh ka duhzawng ka lei mai thin. Mahse, E-na khi chu ka zawm thei lo.
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February 7th, 2008 at 10:31 pm
ka ngaisang lutuk hepa hi, millionaire ka nih hun chuan, chaw ka ei pui ve ang.
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February 7th, 2008 at 11:06 pm
mihring zawng kan mizia inang vekloa chuvang ania mi hausa leh retheite taima leh thatsia te kan om
chuvangin a advice chu zomtheih hun atan khek phot mai ang hehe
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