Exception world personality Warren Buffett
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Warren Buffett At one time grocery stores used to work. Hawker was there The newspaper used to sell Now the world's second richest man Currently owning 63 companies. So far, $ 3 billion is donated by several charities. Yet he owns $ 4 billion dollars. Now many adjectives have been associated with his name. US has got acquaintance with investors, businessmen and philanthropists. Many called him 'Mirakal of Omaha'. Though he is so wealthy, he does not have any luxury.
Life is very simple. After the marriage 50 years ago, the house of the 3 bedroom house still lives there. There is no separate wall around the house. He said, everything I need is all about here. The world is so wealthy, there is no fence or boundary wall around his house. His suggestion is that - in fact you do not buy anything more than you need. Teach your children to think and do this. He runs his own car. He has the world's largest jet company. But traveled with ordinary people in the economic class. Many people think that it is impossible. But he proved it. He recently gave an interview to CNBC for an hour. There is the story of the emergence of life. According to him, his goal is to decide on himself to get established in life. With a similar goal, he bought the first share at the age of 11. Yet he thinks it's too late to come to the business. Should have started trading earlier. So her suggestion is to encourage your child to invest in the croon. With the money to sell the newspaper, he only bought a small firm at the age of 14. According to him, a lot of money can be bought by someone with a small amount of money. That is why he advised children to engage in some business.
Born in the Omaha area of Nebraska on 30 August 1930, His father's name Howard Buffett Warren is the second of three brothers Grocery stores in childhood. At the age of 13, he submitted the income tax return in 1943. There he introduced himself as a newspaper biller. His father Howard was elected to the United States Congress. After that, he studied at the Woodrow Wilson High School in Washington. In 1945, when he was in high school, he bought a pinball machine used with a friend only for $ 25. The machine did not have enough space to install them. They put it inside a barber's shop. In just a few months, they set up three different machines in different places. That's how his business journey started. He earned his BS in Economics from the University of Nebraska in 1950. In 1951, he received an MA in Economics from Columbia University. From 1951 to 195, Buffett-Folk and Co-worked as Investman Salesman.
In New York, Graham-Newman Corporation served as Security Analyst from 1954 to '56. He also worked in various organizations including Buffett Partnership Ltd., Berkshire Hathaway Insurance. Most of its own In 1962 he became a millionaire Berkshire Hathaway is a textile factory. He left each of the shares here for the people at $ 7.60. At one point in 1965, the company paid 14.86 dollars per share. Of these, the factory and equipment were not shown. Then he announced the name of Ken Chase as the new President of Berkshire Hathway. In the year 1970, he made a special letter written to shareholders. This letter is very popular for shareholders. During this time he paid 50 thousand dollars as salary. In 1979, Berkshire Hathaway was trading with $ 775 per share. The price of this stock rose to $ 1310. During this time, his net worth amounted to $ 6 billion. As a result, for the first time in the Forbes magazine, he got a place in the Forbes 400. In June 2006, he announced that he would give 85 percent of Berkshire Holding's annual gifts to five foundations and it will start from July. Most of the money is given to the Bill and Melinda Gates Foundation. In 2007, he told the shareholders in a letter, that soon he is looking for people to appoint a young successor. In 2008, he became the richest person in the world by defeating Bill Gates. According to Forbes, his wealth amounted to 6 billion dollars However, according to Yahoo, the amount of wealth of his then $ 5 billion 800 million. Bill Gates, one of the richest in the world for 13 years, was named as Forbes Magazine. After this, Gates reclaimed its top position in 2009. Warren Buffett came to second place. Warren Buffett has lost 12 billion dollars in dollars from 2008 to 2009.
Personal life Warren Buffett married Susan Thompson in 1952. They have three children - Susan Buffett, Howard Graham Buffett and Peter Buffett. Susan died in July 2004. Although they did not divide before 1977, they lived apart. Their daughter Susan lives in Omaha. She is at Susan. The work is done through the Buffett Foundation. Warren Buffett married his 76th birthday in 2006, to his longtime partner, Astrid Menong. Warren Buffett's annual salary was $ 100,000 in 2006. In 2007 and 2008, his salary increased to $ 75,000. He bought the current house for $ 31,500 in Danda in Omaha area. Its current price is $ 7 million. There is also a house worth $ 4 million in Laguna Beach, California.
He knows how to play very well. Card game with Sharon Osberg and Bill Gates 12 hours a week playing his cass. In December 2006, news was released that Warren did not use a mobile phone. Moreover, there is no computer in its desk. Her company Berkshire Hathaway now owns 63 companies. He wrote only one letter a year to the Chief Executive Officer of these companies. This year's strategy is given. He does not meet regularly with them. That's why his suggestion is to select the right person in the right place. That is, if the person is appointed in the right place, he does not have to say the work. Warren Buffett gave his executives the two rules only. First of all, do not waste the shareholders' money. The second rule is that the first rule will not be forgotten. Set goals and try to get people's attention to it.
The society's upper class socialization has not touched its lifestyle. He made his own food. Some popcorn makers prepare themselves and watch television and sit at home. With him, Bill Gates, the world's richest man, was only 5 years ago. Even then Bill Gates did not know that there was a lot of similarity with Warren. As a result, he met Warren only after half an hour. When he met Warren, he lasted ten hours. Since then, Bill Gates has become his fan.
Warren Buffett's suggestion for youth community is to stay away from credit card and bank loan. Invest in whatever you own. Remember- a) Money does not create a person. But people create money. B) Try to simplify the lifestyle as much as possible. C) Do not say what others say. Listen to them. Then do whatever you think is best. D) Do not spend money on any unnecessary matters. E) Life is yours So why not allow others to run your life?