1) Warren 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.
7) Warren Buffet 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.
8) 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.
9) 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.
10) Warren Buffet does not carry a cell phone,
nor has a computer on his desk.
11) His advice to young people:
Stay away from credit cards and invest in
yourself.
12) He has donated $31 billion (85% of his
fortune) to charity.
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