A lot to Learn. Wish we could learn something from .......

[Guest guest]

Pl. read if you have not read it already. Very impressive and practical approach

 

vns

 

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 drives his own car everywhere and does not have a driver or

security people around him.

You are what you are…

 

He never travels by private jet, although he owns the world's largest

private jet company.

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? "

 

 

 

 

 

" The HAPPIEST people DO NOT necessarily have the 'BEST' THINGS.

 

They simply APPRECIATE the things they have "

 

--

" Those who have the privilege to know, have the duty to act. " Albert Einstein

 

Dr.V.N.Sharma

http://canvas.nowpos.com/vnsharma