Some interesting facts about Warren Buffett

Some interesting facts about Warren  Buffett

Warren Buffett is US Businessman and invester and he is the largest shareholder and CEO of Berkshire Hathaway and he is ranked as richest man in the world with an estimated networth of ~ $62 billion.

1.  He bought his first share at an age of 11 and he now regrets that he started too late.
2.  He bought a small farm at age 14 with saving from delivering newspapers
3.  He still lives in the small 3-bedroom house in mid-town Omaha,
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
7.  He write  one letter each to his CEO s every year. He never holds regular meetings with them
8.  He has given two rules to his CEO s
Rule 1. Do not lose any of your share holder’s money
Rule 2. Never forget rule number 1.
9.  He does not socialize with high society crowd, once he is back to home he makes some pop corn and watch television.
10. Warren Buffett does not carry a cell phone or has a computer on his desk.
11. Bill Gates met him five years back and he scheduled a meeting for half an hour, but it went on for eight hours and now he is a great devotee of Warren Buffet.

Warren Buffet’s advice to young generation.

• Stay away from credit cards 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, listen to them and do what you feel good.
• Don’t go by brand name, just wear those things in which you feel comfortable.

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Interesting links about Warren Buffett

http://en.wikipedia.org/wiki/Warren_Buffett
http://beginnersinvest.about.com/cs/warrenbuffett/a/aawarrenbio.htm
http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_Warren-Buffett_C0R3.html

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