Warren Buffet

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:

He bought his first share at age 11 and he now regrets that he started too late!

He bought a small farm at age 14 with savings from delivering newspapers.

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 boundary wall or a fence.

He drives his own car everywhere and does not have a driver or security people around him.

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

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.
a) Rule number 1: do not lose any of your shareholder's money.
b) Rule number 2: Do not forget rule number 1.

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.

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.

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:
1. Money doesn't create man but it is the man who created money.
2. Live your life as simple as you are.
3. Don't do what others say, just listen them, but do what you feel good.
4. Don't go on brand name; just wear those things in which you feel comfortable.
5. Don't waste your money on unnecessary things; just spend on them who really in need rather.

After all it's your life then why give chance to others to rule our life

Click: http://en.wikipedia.org/wiki/Warren_Buffett

A must read small touching story ....

A man came home from work late, tired and irritated, to find his 5-year old son waiting for him at the door.

SON: "Daddy, may I ask you a question?"

DAD: "Yeah sure, what is it?" replied the man.

SON: "Daddy, how much do you make an hour?"

DAD: "That's none of your business. Why do you ask such a thing?" the man said angrily.

SON: "I just want to know. Please tell me, how much do you make an hour?"

DAD: "If you must know, I make Rs.100 an hour."

SON: "Oh," the little boy replied, with his head down.

SON: "Daddy, may I please borrow Rs.50?"

The father was furious, "If the only reason you asked that is so you can borrow some money to buy a silly toy or some other nonsense, then you march yourself straight to your room and go to bed. Think about why you are being so selfish. I work hard everyday for such this childish behaviour."

The little boy quietly went to his room and shut the door.

The man sat down and started to get even angrier about the little boy's questions. How dare he ask such questions only to get some money?

After about an hour or so, the man had calmed down, and started to think: Maybe there was something he really needed to buy with that Rs.50 and he really didn't ask for money very often. The man went to the door of the little boy's room and opened the door.

"Are you asleep, son?" He asked.

"No daddy, I'm awake," replied the boy.

"I've been thinking, maybe I was too hard on you earlier" said the man."It's been a long day and I took out my aggravation on you. Here's the Rs.50 you asked for."

The little boy sat straight up, smiling. "Oh, thank you daddy!" He yelled.

Then, reaching under his pillow he pulled out some crumpled up bills.

The man saw that the boy already had money, started to get angry again. The little boy slowly counted out his money, and then looked up at his father.

"Why do you want more money if you already have some?" the father grumbled.

"Because I didn't have enough, but now I do," the little boy replied.

"Daddy, I have Rs.100 now. Can I buy an hour of your time?

Please come home early tomorrow. I would like to have dinner with you."

The father was crushed. He put his arms around his little son, and he begged for his forgiveness.

It's just a short reminder to all of you working so hard in life. We should not let time slip through our fingers without having spent some time with those who really matter to us, those close to our hearts.

Do remember to share that Rs.100 worth of your time with someone you love.

If we die tomorrow, the company that we are working for could easily replace us in a matter of days.

But the family & friends we leave behind will feel the loss for the rest of their lives. And come to think of it, we pour ourselves more into work than to our family.

(Thanks Yogish)