He still lives in a
small 3 bedroom house in mid-town Omaha. He says that he has everything he
needs in that house. His house does not have a wall or a fence. Don’t buy more
than what you “really need” and encourage your children to do the same. He
drives his own car everywhere and does not have a driver or security people
around him. He never travels by a 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 assigns the right people to the right job. He has given his CEOs only 2
rules; Rule # 1 do not lose any of your share holder’s money. Rule # 2 do not
forget rule # 1. Set goals and make sure people focus on them. He does not
socialize with the high society crowd. His pass time after he gets home is to
make himself some popcorn and watch television. Don’t try to show off just be
yourself and enjoy what you are doing. Warren Buffet does not carry a cell
phone, nor does he have a computer on his desk. Bill gates, the world’s richest
man met him for the first time only five years ago. Bill Gate did not think he
had anything common with Warren Buffet. So he had scheduled his meeting for
only half hour. But when Gates met him, the meeting lasted for ten hours and
Bill Gates became a devotee of Warren Buffet. His advice to young people:” Stay
away from credit cards (bank loans) and invest in yourself and remember,
Money
doesn’t create man it is the man who created money.
Live your
life as simple as you are.
Don’t do
what others say, just listen to them, but do what you feel good.
Don’t go on
brand name; just wear those things which make you feel comfortable.
Don’t waste
your money on unnecessary things; just spend them on who really need them
rather.
After all
it’s your life then why gives others a chance to rule our life.”
Written By:
Bareera Butt
Bareera Butt
