world’s second richest man's life style

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vivekdh

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I thought it will be a good idea to share this..:)

There was a one hour interview on CNBC with Warren Buffet, the world’s second richest man who has donated $31 billion to charity.
Following are some very interesting aspects of his life:

  • He bought his first share at age 11 and he now regrets that he started too late!
Things were very cheap that time… Encourage your children to invest.

  • He bought a small farm at age 14 with savings from delivering newspapers.
One can buy many things with few savings.
Encourage your children to start some kind of business.
  • 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.
Don't buy more than you "really need" and encourage your children to do and think the same.

  • He never travels by private jet, although he owns the world's largest private jet company.
  • He drives his own car everywhere and does not have a driver or security people around him.
You are what you are…
Always think how you can accomplish things economically.

  • 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.
Assign the right people to the right jobs.

  • 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.

Set goals and make sure people focus on them

  • 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.
Don't try to show off, just be your self and do what you enjoy doing

  • Warren Buffet does not carry a cell phone, nor has a computer on his desk.
  • 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.
His advice to young people:
"Stay away from credit cards & bank loans and invest in yourself and remember:
  • Money doesn't create man but it is the man who created money.
  • Live your life as simply as possible.
  • Don't do what others say - listen to them, but do what you feel good doing
  • Don't follow brand names; just wear those things in which you feel comfortable.
  • Don't waste your money on unnecessary things; rather just spend on those things you really need.
  • After all, it's your life so why allow others to rule your life?"


 
vivek.. if its true then its realy inspiring and thought provoking..
thanx a lot for sharing :)

vivekdh said:
I thought it will be a good idea to share this..:)

There was a one hour interview on CNBC with Warren Buffet, the world’s second richest man who has donated $31 billion to charity.

Click to expand...
 
vivekdh said:
I thought it will be a good idea to share this..:)

There was a one hour interview on CNBC with Warren Buffet, the world’s second richest man who has donated $31 billion to charity.
Following are some very interesting aspects of his life:



  • He bought his first share at age 11 and he now regrets that he started too late!
Things were very cheap that time… Encourage your children to invest.



  • He bought a small farm at age 14 with savings from delivering newspapers.
One can buy many things with few savings.


Encourage your children to start some kind of business.
  • 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.
Don't buy more than you "really need" and encourage your children to do and think the same.



  • He never travels by private jet, although he owns the world's largest private jet company.
  • He drives his own car everywhere and does not have a driver or security people around him.
You are what you are…
Always think how you can accomplish things economically.



  • 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.
Assign the right people to the right jobs.



  • 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.

Set goals and make sure people focus on them



  • 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.
Don't try to show off, just be your self and do what you enjoy doing



  • Warren Buffet does not carry a cell phone, nor has a computer on his desk.
  • 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.
His advice to young people:


"Stay away from credit cards & bank loans and invest in yourself and remember:
  • Money doesn't create man but it is the man who created money.
  • Live your life as simply as possible.
  • Don't do what others say - listen to them, but do what you feel good doing
  • Don't follow brand names; just wear those things in which you feel comfortable.
  • Don't waste your money on unnecessary things; rather just spend on those things you really need.
  • After all, it's your life so why allow others to rule your life?"


Click to expand...


Warren Buffet hmmm one of the biggest name in today's world.
I read a case study on him some where some years back, he lost most of his money, but from his hard work and high analitycal power he become second reachest man. He is having a very strong hold on Share market and no doubd great knowledge. If any one of u got the chance to read the article written by him plz do read those they are very inspiring.:rock
 
Last edited:
hmm reallly inspiring ,,,,,,,

vivekdh said:
I thought it will be a good idea to share this..:)

There was a one hour interview on CNBC with Warren Buffet, the world’s second richest man who has donated $31 billion to charity.
Following are some very interesting aspects of his life:


  • He bought his first share at age 11 and he now regrets that he started too late!
Things were very cheap that time… Encourage your children to invest.


  • He bought a small farm at age 14 with savings from delivering newspapers.
One can buy many things with few savings.

Encourage your children to start some kind of business.
  • 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.
Don't buy more than you "really need" and encourage your children to do and think the same.


  • He never travels by private jet, although he owns the world's largest private jet company.
  • He drives his own car everywhere and does not have a driver or security people around him.
You are what you are…
Always think how you can accomplish things economically.


  • 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.
Assign the right people to the right jobs.


  • 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.

Set goals and make sure people focus on them


  • 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.
Don't try to show off, just be your self and do what you enjoy doing


  • Warren Buffet does not carry a cell phone, nor has a computer on his desk.
  • 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.
His advice to young people:

"Stay away from credit cards & bank loans and invest in yourself and remember:
  • Money doesn't create man but it is the man who created money.
  • Live your life as simply as possible.
  • Don't do what others say - listen to them, but do what you feel good doing
  • Don't follow brand names; just wear those things in which you feel comfortable.
  • Don't waste your money on unnecessary things; rather just spend on those things you really need.
  • After all, it's your life so why allow others to rule your life?"


Click to expand...

this is tooo guuud,,, thnx vivek for such a gud info,,
 
Jaane Kahaa Gaye Wo Din
Kahate The Teree Raah Me
Najaron Ko Bichhayenge
Chaahe Kahee Bhee Tum Raho,
Chaahenge Tum Ko Umarbhar
Tum Ko Naa Bhool Paayenge

Mere Kadam Jahaa Pade,
Sajade Kiye The Yaar Ne
Muz Ko Rulaa Rulaa Diyaa,
Jaatee Huyee Bahaar Ne
Apanee Najar Mein Aaj Kal
Din Bhee Andheree Raat Hai
Saayaa Hee Apane Saath Thaa,
Saayaa Hee Apane Saath Hai
very inspiring
 
Thanx vivek ji for sharing this....its really inspiring...
vivekdh said:
I thought it will be a good idea to share this..:)

There was a one hour interview on CNBC with Warren Buffet, the world’s second richest man who has donated $31 billion to charity.
Following are some very interesting aspects of his life:


  • He bought his first share at age 11 and he now regrets that he started too late!
Things were very cheap that time… Encourage your children to invest.


  • He bought a small farm at age 14 with savings from delivering newspapers.
One can buy many things with few savings.

Encourage your children to start some kind of business.
  • 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.
Don't buy more than you "really need" and encourage your children to do and think the same.


  • He never travels by private jet, although he owns the world's largest private jet company.
  • He drives his own car everywhere and does not have a driver or security people around him.
You are what you are…
Always think how you can accomplish things economically.


  • 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.
Assign the right people to the right jobs.


  • 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.

Set goals and make sure people focus on them


  • 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.
Don't try to show off, just be your self and do what you enjoy doing


  • Warren Buffet does not carry a cell phone, nor has a computer on his desk.
  • 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.
His advice to young people:

"Stay away from credit cards & bank loans and invest in yourself and remember:
  • Money doesn't create man but it is the man who created money.
  • Live your life as simply as possible.
  • Don't do what others say - listen to them, but do what you feel good doing
  • Don't follow brand names; just wear those things in which you feel comfortable.
  • Don't waste your money on unnecessary things; rather just spend on those things you really need.
  • After all, it's your life so why allow others to rule your life?"


Click to expand...
 
additional thingsss

.....dont invest in anything u really dont understand ( his saying )
which is a good thing ....

if u cant see ur share blown up by 50% loss then dont invest ( his saying ) ...

he has so deep pocket that he takes a shares for 20 yrs .. 30 yrsss... yaha logo ke ek din mein passene aa jaate hein ....

he takes stand on currencies for 10 yr 20 yr ....
......

i think all have simple philiosophy ... hire the best and let them work for u ....
i think he has sent some howard guy for looking into investments in india ...
no ppl tellls what he is doing in the present ... even what he does .. if u follow u will be blown up and u will take ur whole life to recover from it ....

i think rules remain the same ... imarat kabhi ke dum se nahi manti .. theeere dheere hi banti hein ... let do ur each step in the best way u can and in that way u will be happy and thats the most important thing .....
when u work hard .. then ideas are abrupt .. when u think u can set up a company and its a different game then ....




amritameerut01 said:
Thanx vivek ji for sharing this....its really inspiring...
Click to expand...
 
yes came across a presentation which is exactly similar to the above.


Keeping it simple seems to be the mantra!
 
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