11 Interesting Facts About Warren Buffet
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.
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 yearto 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 half hour. 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.
* Money doesn’t create man it is the man who created the money.
* Live your life as simply as you can.
* Don’t do what others say, listen to them, but then do what you feel is the right thing to do.
* Don’t buy brand names; instead just wear those things in that make you feel comfortable.
* Don’t waste your money on unnecessary things; rather spend it on those who are really in need.
* It’s your life so why allow others to rule our life.
An ancient Igbo proverb says that, “A blacksmith who is not acquainted with the practical knowledge of gong (an Igbo traditional musical instrument) making, should consider having a closer observation at the tail of a kite”.
ReplyDeleteThe above saying is about the use of a constant intercourse with nature toward finding a pathway to a happy and successful life. For instance, Americans believe that everybody can be better, when given the opportunity to achieve such a change through learning the basic principles of life.
So while in the construction of their American-dream of freedom for all races; they also have it written at the back of their currency: IN GOD WE TRUST.
In other words, without such a life style as faith, the recent revolution that brought Barack Obama to power would not have been successful. Just like in Nigeria, we witness the same kind of revolution bringing Goodluck Ebele Jonathan to power; as the current President of Nigeria.
In his May 29, 2011 inaugural address, President Goodluck Ebele Jonathan called on every Nigerian citizen to make a constant pledge to what is known as the principle of true defense; saying that, “we live in an age where no country can survive on its own; countries depend on each other for economic well-being. Nigeria is no different.”
Unfortunately, the bombing of the United Nations building in Abuja, August 26,2011; is a complete disagreement with this truth by a group known as Boko Haram.