Opinion

How to be rich and happy

Recently 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.

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 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.

9. Warren Buffet does not carry a cell phone,  nor has he got 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 man who  created money. B. Live your  life as simply as you can.   C.  Don't do  what others say, just listen to them , but do what you feel  good.

D. Don't go  on brand names; just wear those things in which u feel comfortable.   E.  Don't  waste your money on unnecessary things ; rather, just spend on them  who are really in need.

F. After all it's your life, why give a  chance to others to rule our life."

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