On SIMPLE Living =)
There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity. Here are some very interesting aspects of his life:
1. He bought his first share 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 mid-town
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 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. 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 share holder’s money.
Rule number 2: Do not forget rule number 1.
7. He does not socialize with the high society crowd. His past time
after he gets home is to make himself some pop corn and watch
television.
8. 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 scheduled his meeting with him for only 30
minutes. But when Bill Gates met him, the meeting lasted for ten
hours and he became a devotee of Warren Buffet.
9. Warren Buffet does not carry a cell phone, nor has a computer on
his desk.
His advice to young people:
"Stay away from credit cards and invest in yourself.
Remember:
A. Money doesn’t create man but it is the man who created money.
B. Live your life as simple as you are.
C. Don’t do what others say, just listen to them, but do what you
feel right and good to do.
D. Don’t go on brand names; just wear those things in which you
feel comfortable.
E. Don’t waste your money on unnecessary things; rather just spend
on them who are really in need.
After all, it’s your life
Why then give a chance to others to rule
your life?