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 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.
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 and 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 makes you feel good.
D. Don't go on brand name; just wear those things in which you feel comfortable.
E. Don't waste your money on unnecessary things; just spend on things that you really
need.
F. After all it's your life, then why give others the chance to rule your life." "No
one can make you feel inferior without your permission,
remember they are no better. "
Isn't #9 worth giving a try? sure it is for me.
Learning from others experience's is a better option than waiting for your own! Think Differently! It sure is going to make a lot of difference to yourself and to the world around you. Its a one liner I read somewhere "Well behaved women never made history" Its not funny, its serious! Why are there some predefined rules or behaviour for either women or men? We are most of the time compelled to think the way people want us to think. Why is it so? I do not want to generalize but I am very sure that most of the people I know have their influences. Not all the decisions are taken by them, they are somebody else's decisions in disguise of our own will.
Whenever I get to the point of " O god, nobody I know have ever done anything like this, what will I answer to the questions by them, will I be looked at differently and will I be treated the same" I flinch. But then only dead fish go with the flow!!! So did I many a time infact 80% of the time either to please somebody or with a clause of "what if".
After more than 20 years of my life I realised the 80-20 rule. 80% of what we do is of 20% value or worth and only 20% of what we do is worth 80%. It certainly is true in my case. Working upon this made a hell lot of difference!
We are what we think! and do have your signature on it! dont always borrow thoughts! Create your unique identity coz........... just one very simple reason...... you are worth it!
Explore yourself, who know you might be someone the world will remember till the end of times.
Live LIFE ! "After all its your life, why give others the chance to rule your life"(Warren Buffet)
Wednesday, July 2, 2008
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