Lessons From Warren Buffet—-

warren buffet

 

CNBC held a one hour interview with Warren Buffet, the richest man in the world today who has donated up to $31 billions to social activities. Let’s look into some interesting aspects of his way of life revealed in that interview :

1. He bought his first investment share at the age of eleven, but he said it was actually too late for he should have done that at earlier age.
TEACH YOUR CHILDREN TO MAKE INVESTMENT AT THE EARLIEST AGE POSSIBLE.

2. He bought a small field at the age of fourteen using the money he earned from delivering newspapers.
SMALL SAVINGS CAN ALWAYS BUY SOMETHING.
TEACH YOUR CHILDREN TO START UP SOME BUSINESS HOWEVER SMALL IT IS.

3. He still lives in his small house of three rooms where he has been living since his marriage fifty years ago. He said : “I have everything I need in that house.”
DON’T BUY ANYTHING YOU DON’T REALLY NEED, TEACH THIS TO YOUR CHILDREN.

4. He always drives his car himself wherever he hoes. He manages with no driver nor bodyguard.
BE YOUR OWN SELF, BE INDEPENDENT.

5. He never travels in his private jet although he owns the world’s biggest jet airliner company.
ALWAYS THINK THAT WHAT YOU HAVE IS ENOUGH.

6. His company, Berkshire Hathaway, has 63 affiliated companies. Every year he sends only one written message to each of his CEO, informing them the annual target of the year. He never holds any meeting nor summons them.
PUT THE RIGHT MAN IN THE RIGHT PLACE.

7. He only sets two rules for his CEOs :
1. Don’t waste the shareholder’s money
2. Don’t forget rule number 1
SET UP A TARGET AND MAKE THEM FOCUS ON THAT.

8. He doesn’t attach himself to any high society. He spends his time at home eating popcorns and watching TV.
DON’T TRY TO SHOWOFF, BE YOUR SIMPLE SELF.

9. Warren Buffet carries no cellular phone and has no computer on his table.

10. Five years ago Bill Gates who ranks first among the richest, made appointment to see Warren Buffet. Instead of thirty minutes he allocated for the meeting, Bill Gates ended up spending ten hours to learn how to become someone like Warren Buffet.

He has this advice for young men :
Keep yourself away from bank credits or credit cards, and invest only what you have. And bear this in mind :

A. Money doesn’t make people, it is people that makes money.
B. Live a simple life of your ownself.
C. Don’t do whatever people tell you. Listen to them but do only what is good.
D. Don’t wear trade marks, wear what makes you really comfortable.
E. Don’t waste your money on something that’s not really important.
F. If it works successfully in your life, share and teach other people.

A Happy person is not someone who is great in all things, but someone who can find simplicity in life.

Choose wisely your way of life!

 

 

Source: Google..

 

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About Arun Mishra

“We often becomes what we believes ourself to be. If I keep on saying to myself that I cannot do a certain thing, it is possible that I may end by really becoming incapable of doing it. On the contrary, if I have the belief that I can do it, I shall surely acquire the capacity to do it even if I may not have it at the beginning.” SO, “If you put your effort and concentration into playing to your potential, to be the best that you can be, I don't care what the scoreboard says at the end of the game, in my book we're gonna be winners. Because "I feel like my wings are finally coming back. They were broken, and there was a point where I thought I was confined to this earth. But I feel like they're back now. And I'm excited to fly again. And sure, there are going to be bad and tough times. I can easily see them now but that's not a reason to stay on the ground. Everyone has to fall sometime but no matter how long it takes you, you eventually get tired of dragging your feet through the mud, and you get up and find your wings have healed and they ache to fly again. So I'll fly, I'll fall, I'll get back up, and I'll live."
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