1. - Bought his first share at age 11 and he now regrets that he started too late!
2. - Bought a small farm at age 14 with savings from delivering newspapers.
3. - Still lives in the same small 3-bedroom house in Omaha that he bought after he got married 50 years ago. He says he has everything he needs in that house. Your house does not have a wall or fence.
4. - He drives his own car everywhere and does not have a driver or security.
5. - Never travels by private jet, although he owns the company largest private jet in the world.
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 regularly.
He has given his CEO's only two rules:
• Rule 1: Do not lose any money from its shareholders.
• Rule 2: Do not forget rule number 1.
7. - He does not socialize with the high society people. His hobby when he gets home is to make popcorn and watch TV.
8. - Bill Gates, the richest man in the world, met him only 5 years ago. Bill Gates thought they had nothing in common with Warren Buffett. Therefore, the meeting scheduled to last only half an hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffett.
9. - Warren Buffet does not carry a cell phone, nor has a computer on his desk.
10. - His advice to young people: Stay away from credit cards and invest in yourself.
REMEMBER:
A. Money does not create man, but was the man who created money
B. Life is as simple as you make it.
C. Do not do what others say. Listen to them, but do what makes you feel better.
D. Do not go on brand. Put those things in which you feel comfortable.
E. Do not waste your money on unnecessary things. Spend on those who really need it.
F. If the money is not used to sharing it with others, then what is it for?
G. Do not spend money you do not have. The credit, loans, etc. were invented by the consumer society.
H. Before you buy something, think: What will happen if I do not buy it? If the answer is 'nothing', do not buy, do not need it.
"we brought nothing into the world, or anything we're going to take ..."
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