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Nairaland Forum / Nairaland / General / Business / Eleven Lessons From Warren Buffet (781 Views)
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Eleven Lessons From Warren Buffet by mrdollar1: 12:50pm On Mar 09, 2009 |
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 lives in a small 3 bedroom house in mid-town Omaha 4. He drives his own car everywhere and does not have a driver or police escorts 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. 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. 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 30 minute. 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. |
Re: Eleven Lessons From Warren Buffet by untainted: 7:20pm On Mar 09, 2009 |
watch out for the next warren buffet, ME |
Re: Eleven Lessons From Warren Buffet by Toks2008(m): 7:35pm On Mar 12, 2009 |
mr dollar: 10. Warren Buffet does not carry a cell phone, nor has a computer on his desk. I strongly disagree with this. |
Re: Eleven Lessons From Warren Buffet by omoyaeleko: 10:01pm On Mar 12, 2009 |
mr warren Buffet is not an african so so easy for him to inbibe in himself all those principle and that he has cautioned himself so long a time but i still believe in this jet age he can not do without a cell phone. the truth has to be told |
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