He bought his first stock share at age 11 and he now regrets that he
started too late!
He bought a small farm at age 14 with savings from delivering
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
He drives his own car everywhere and does not have a driver or security
people around him.
He never travels by private jet, although he owns the world’s largest
private jet company.
Buffett’s company, Berkshire Hathaway, owns 63 companies. He writes only
one letter each year to the CEO’s 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 shareholder’s money. Rule number
2: Do not forget rule number 1.
He does not socialize with the high-society crowd.
His pastime after he gets home is to make himself some popcorn and watch
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 a half hour. But
when Gates met him, the meeting lasted for ten hours, and Bill Gates
became a devotee of Warren Buffet.
Warren Buffet does not carry a cell phone, and he doesn’t have a
computer on his desk.
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.
C. Don’t do what others say, just listen to them, but do what you feel
D. Don’t go on brand names; just wear those things in which you feel
E. Don’t waste your money on unnecessary things; rather,
spend on those people who are really in need.
F. After all it’s your life, then why give chance to others to rule
G. The best investment you can ever make, is to invest in the
Kingdom of God.