interview on CNBC with Warren Buffet

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Posted: 19 years ago
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There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity. Here are some very interesting aspects of his life:

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

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 are

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 & 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 &

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.

Amazing individual indeed......

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