Sunday, July 28, 2013

AMAZING FACTS ABOUT WARREN BUFFET:

1) Warren 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.

7) Warren Buffet 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.
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.

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


11) He has donated $31 billion (85% of
his fortune) to charity.

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