Julie's Journal
Good girls have diaries... Bad girls have blogs!My mom sent me this Warren Buffet fact sheet in an email this morning, and I thought I would share it. The way he looks at business is the same exact way my husband looks at business. I would love to be able to donate $30 billion dollars to our favorite charity one day.
There was a one hour interview on CNBC with Warren Buffet, the third richest man who has donated $30 billion to charity. Here are some very interesting aspects of his life…
- He bought his first share of stock at age 11 and he now regrets that he started too late!
- He bought a small farm at age 14 with savings from delivering newspapers.
- He still lives in the same, small 3-bedroom house in midtown 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.
- He drives his own car everywhere and does not have a driver security people around him.
- He never travels by private jet, although he owns the world’s largest private jet company.
- 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 shareholder’s money.
Rule number 2: Do not forget rule number 1. - He does not socialize with the high society crowd. His pastime after he gets home is to make himself some popcorn and watch television.
- 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.
- Warren Buffet does not carry a cell phone, nor has a computer on his desk.
[tags]Warren Buffet, business, money[/tags]
Comments
He sounds like a very down to earth guy. I’ll bet he would be a nice person to be a friend with.
Karen’s last blog post..Shopping in Orlando
[Reply]
But has he ever taken six carisoprodol, a fifth of vodka, four hundred milligrams of seroquel, and a valium in a single night? I win.
[Reply]
Warren Buffet is my hero. I’ve recently been reading a book on him, and he has inspired me to invest. I’ll never be as good as him, but I can try.
[Reply]
Maybe that is the reason of sucsess?He began work when he was young and..”Do not lose any of your shareholder’s money.”That is the main thing i think
[Reply]
He was money thinking person but simple behaved man. I love such men.
[Reply]
Too bad more CEOs are not like Buffet. If they were I feel our economy would be in a much better position than it is in now.
[Reply]
I’m not surprised. As I heard from Mr. Forbes just this weekend, business is ultimately about producing happiness.
If you have a good product, and respect people, you’ll succeed.
-David
Business Analysis, Writing Articles
[Reply]
I think his such an amazing and humble guy. Quite exceptional too.
[Reply]
wow, love this…fascinating stuff…i’m off to learn more about this guy
[Reply]
The article on Warren Buffet was really mind blowing. It’s even surprising how a guy like him even exist today. May God bless him.
[Reply]
wow interesting stuff. i was actually going to buy his biography a couple of months ago but decided to wait.. i might have to check it out.. and did u know he’s the # 1 richest man in the world now.. crazy stuff
Joe’s last blog post..Family Day 3/8/08
[Reply]
I admire Warren Buffet also,is it too late to get started in investing at 50
[Reply]
I admire Warren Buffet also,is it too late to get started in investing at 50
This is tthe first time I,ve seen your blog
[Reply]
My appreciation for Warren Buffet is deeper than I can express it in words.
Warren would you just give me your shoulder for my post graduating studies program? I am Nebiyu Samuel from Ethiopia.
[Reply]
He is really one of a kind person. Last point shocks me, no computer and doesn’t carry a cell phone? Is this guy for real, I wish I could escape my phone and I am not even rich 
Zahid´s last blog post..Saturday Night Live
[Reply]
-
Sponsors
-
