Warren Buffet

7 Jul
How many of you know about Warren buffet?

Well might be less, He is the person resembles positive attitude.Now we will have a glance on  philosophies and life history of the second richest person who have donated $31 billion to charity.

1.He bought his first share at age 11 and now he regrets that he started too late!

One should not delay the things but should accomplish them in time”

2.He bought a small farm at age 14 with savings from newspaper delivery!

“One could have bought many things from little savings

So encourage your self in startingH some kind of business.”

3.He still lives in his small 3-bedroom house in mid town Omaha, that he bought after he got married i.e., 50 years ago.he says that   he had every thing he needs in that house.

“Don’t buy more than what you really need”.

4.He drives his own car everywhere and does not have a driver or security people around him.

“you are what you are”.

5.He never travels by a private jet,although he owns the world’s largest private jet company.

” Always think how you can accomplish things economically”.

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.

“Assign right people to the right jobs”

7.He has given his CEO’S only two rules .

Rule no.1:Do not loose any of your share holder’s money.

Rule no.2: Do not forget rule no.1

8.Bill gates the world’s richest man met him for the first time only five years ago.He did not think that he had any thing common with Warren buffet.so he had scheduled his meeting for only half an hour. But when Gates met him, the meeting lasted for ten hours and Gates became a devotee of Warren Buffet.

His advices to young people:

-> stay away from credit cards and bank loans and invest in yourself.

-> Money doesn’t create man but it is man who created money.

-> Live your life as simple as you are.

-> Don’t do what others say,just listen them,but do what you feel good.

> Do not go on brand name,just wear those things in which you feel comfortable.

-> Do not waste money on unnecessary things,just spend on them who relly in need rather.

->After all it’s your life then why give chance to others to rule our life.



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