About being rich

Started by P.C., Sep 27 07 10:34

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P.C.

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[/SPAN][/FONT][FONT color=maroon][SPAN style="COLOR: maroon; TEXT-DECORATION: none"]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. [/SPAN][/FONT][FONT color=#6600cc][SPAN style="COLOR: rgb(102,0,204); TEXT-DECORATION: none"]
[/SPAN][/FONT][FONT color=maroon][SPAN style="COLOR: maroon; TEXT-DECORATION: none"]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. [/SPAN][/FONT][FONT color=#6600cc][SPAN style="COLOR: rgb(102,0,204); TEXT-DECORATION: none"]
[/SPAN][/FONT][FONT color=maroon][SPAN style="COLOR: maroon; TEXT-DECORATION: none"]9. Warren Buffet does not carry a cell phone, nor has a computer on  his desk. [/SPAN][/FONT][/A][/SPAN][/FONT]

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  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. [/SPAN][/FONT][FONT color=#6600cc][SPAN style="COLOR: rgb(102,0,204); TEXT-DECORATION: none"]
[/SPAN][/FONT][FONT color=maroon][SPAN style="COLOR: maroon; TEXT-DECORATION: none"]  C. Don't do what others say, just listen... then[/SPAN][/FONT][FONT color=maroon][SPAN style="COLOR: maroon; TEXT-DECORATION: none"] but do what makes you feel  good.
  D. Don't go on brand names; just wear those things in which you feel comfortable.
  E. Don't waste your money on unnecessary things; just spend it on them  who really need it.           F. After all it's your life then why give chance to others to rule our  life."[/SPAN][/FONT][/A][/SPAN][/FONT][A title="Join our Goup Fun and Only Fun (www.mailz.net.tc)" href="http://groups.yahoo.com/group/fun_and_fun_only" target=_blank rel=nofollow][FONT color=#6600cc][SPAN style="COLOR: rgb(102,0,204); TEXT-DECORATION: none"]
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Sir Isaac Newton invented the swinging door....for the convenience of his cat.

Sportsdude

If there ever was the "common person" billionaire, he'd be the one. Money doesn't rule his life, that's refreshing.  
"We can't stop here. This is bat country."

Lise

Fascinating. It would be really cool to have him as a speaker. I wish there were more ppl like him.
Always end the name of your child with a vowel, so that when you yell the name will carry.
Bill Cosby.

49er

with his money he can afford to be poor.