Saturday, October 5, 2013

AMAZING FACTS ABOUT WARREN BUFFETT

3rd RICHEST MAN IN THE WORLD

(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.
(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 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 cell phone,nor
has a computer on his desk.
(11) His advice to young people: Stay away from
credit cards and invest in yourself.
(12) He has donated $31 billion (85% of his
fortune) to charity.

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