Thursday, June 26, 2008

The World's Richest Man - Warren Edward Buffet

I found this article from fojie Apple's bloggie. (FYI Fojie was one of my officemate before at Lane System, she's also a friend of mine and not for bragging, She's one of the best female Computer Programmer I've ever known.) As it was stated, Like hers this article inspires me too and perhaps to everyone of us who knows Warren Buffet, now known to be the Richest Man in the World! Yes He is! He was ranked by Forbes Magazine as the richest person in the world as of February 11, 2008. Well, who anybody else in this planet owns an estimated $62 billion bulk of money? Nobody else but me! --- in my dreams!..hehehe ^_^ kidding aside. No one else but Warren Buffet, after 13 years of Bill Gates' being on top of the World's Billionaires that honor now belongs to him.




"I am careful not to confuse excellence with perfection. Excellence, I can reach for; perfection is God's Business"
There was a one hour interview on CNBC with Warren Buffet, the 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. 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 th at 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 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 share holder's money.

  • Rule number 2: Do not forget rule number 1.

7. 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.

8. Bill Gates, the world's former richest man met him for the first time only 5years 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.

9. Warren Buffet does not carry a cell phone, nor has 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; 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 good.
D. Don't go for brand name; just wear those things in which u feel comfortable.
E. Don't waste your money on unnecessary things; just spend on those who really are in need.
F. After all it' s your life; so why give chance to others to rule your life."


So rare...So Often! A hundreds of salutes for you Mr. Warren Edward Buffet....^-^ ^-^

6 comments:

Princess Cinderella said...

wow....i cant believe it...hes rich but still happy living hes simple life....i really salute this guy..thanks for the info mads..muah

bevs said...

Yeah! exactly...rare jud kaayo xa.Thanks for the comments brey! mwah! Salute!ehehehe

ice9web said...

nice this gives me the sign to "stay away from credit cards"

actually may offer na sa akin sa BPI i don't need daw to sign or submit any requirements ... bibigyan na daw ako ng Master Card with Free credit card for online shopping... kaso i was thinking twice kasi 1500+ ang annual payment noon and ano gagawain ko noon hindi naman ako mahilig mag shopping sa ibang bansa like hongkong or going abroad...

ayon I'm still thinking about it kung accept ko or not

nga pala ... thanks for the comment
Bevs (^_^)

I remember, kasi gusto ko talaga matanggap sana sa Lane System that time because it was so near in our house one ride lang ng Trycikad lang...

kaya lang they called me one month and 3weeks na ako dito sa eversun... I told them I can't commit anymore, (honestly mas gusto ko kasi work ko dito kaysa un magiging work ko doon)

hindi ako nahinayang, sila ang nahinayang kasi if only they called early i would be their employee, kilala kasi ako personally ng HR doon.

(^_^) we are still working on the same boat (^_^) good luck to us and our company.

Daryl John said...

wow... amazing your now enhance well posting your blog ang also your communication skills specially stateting your english words. keep it up Bevs i hope you will not change.. good luck into your happy life and you could also count on us your friends. God Bless to you..

bevs said...

@ ice

Thanks for the comment ice..ang haba naman?ehehe hmmnn.. You don't have to think twice to have a credit card if hindi mo naman xa magamit diba? Its a waste of money, better be thrifty and save for a brighter future nalang..hmmf!hehe Yeah! were working on the same boat, see you around..ehehe ^_^

bevs said...

@ daryl

Thanks for dropping by darl! Hope you won't change too as well as our College barkadas..Keep in touch always.. ^_^