Feb
13
Posted on 13-02-2008
Filed Under (Money & Business) by Jules on 13-02-2008

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…

  1. He bought his first share of stock 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 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.
  4. He drives his own car everywhere and does not have a driver 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. 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.
  8. He does not socialize with the high society crowd. His pastime after he gets home is to make himself some popcorn 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.

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On this day..

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Comments

MyAvatars 0.2 Karen on 13 February, 2008 at 12:49 pm

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


MyAvatars 0.2 Teleolurian on 14 February, 2008 at 3:25 pm

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.


MyAvatars 0.2 Technology on 14 February, 2008 at 10:01 pm

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.


MyAvatars 0.2 Wild on 15 February, 2008 at 9:34 am

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


MyAvatars 0.2 Michael on 18 February, 2008 at 9:39 am

He was money thinking person but simple behaved man. I love such men.


MyAvatars 0.2 Science for Children on 18 February, 2008 at 10:48 am

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.


MyAvatars 0.2 David on 24 February, 2008 at 3:58 pm

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


MyAvatars 0.2 kelsea parker on 4 March, 2008 at 3:51 pm

I think his such an amazing and humble guy. Quite exceptional too.


MyAvatars 0.2 Deb on 5 March, 2008 at 10:30 pm

wow, love this…fascinating stuff…i’m off to learn more about this guy


MyAvatars 0.2 Antiques on 7 March, 2008 at 4:32 am

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.


MyAvatars 0.2 Joe on 9 March, 2008 at 3:54 am

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


MyAvatars 0.2 HeatherMacIvor on 23 April, 2008 at 1:10 am

I admire Warren Buffet also,is it too late to get started in investing at 50


MyAvatars 0.2 HeatherMacIvor on 23 April, 2008 at 1:12 am

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


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