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INTERVIEW 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 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."

Dear Friends,
I think we must draw certain lessons from this great story.
1 Simple living, don't spend on items you genuinely dont require, avoid consumerism , indirectly suggesting to control inflation.
2 corporate social responsibility and ethical behaviour.
3 Many lessons for our corporate wizards.
Great story indeed.

Dear very inspiring noble thoughts. applicable to all walks of life . highly useful for lifestyle management with regards Dr. N.S. Balaji Rao Director
Good one to read and follow .... we should learn simplicity and management from Warren Buffet .... Thanks for posting a nice article Dipti Bharathi Raja . V
hi,
interesting and curious facts about warren buffet.
thanks for showing the resl life of the bilionsire investor.
please keep posting these kind of new issues.
regards,
keshav pai.

the easy made posting of ur work is awesome it will definitely be an inspiration to many in here and keep posting such wonderful things u have done a great job:D
:twisted: you have seen that ppt and copy from it very good but u have dont search and add something more in to that...
HI DEEPTI, Really awesome keep posting this kind of inspiring things..... :lol: :lol: :lol:
Hi All, I have presentation on same. Please find it attached. Thanks. Regards, Shiv

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File Type: ppt warren_buffet_728.ppt (438.5 KB, 42 views)

:D Superb Interview which each n every individual should inspire. I can’t say dont follow his words but it will be good if u follow his words

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