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Page 1: Warren buffett

Warren BuffettWarren Buffett

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Who is Warren BuffetWho is Warren Buffet

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Warren Edward Buffett is an American business magnate, Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most investor, and philanthropist. He is widely considered the most successful investor of the 20th century. successful investor of the 20th century. Wikipedia

Chairman, CEO and largest shareholder of Chairman, CEO and largest shareholder of Berkshire Hathaway

Known as the "Oracle of Omaha”Known as the "Oracle of Omaha”

Net worth - $65.1 BillionNet worth - $65.1 Billion

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Warren BuffettWarren Buffett

Some interesting factsSome interesting facts

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He drives his own car everywhere and does not He drives his own car everywhere and does not have a driver or security people around him.have a driver or security people around him.

He never travels by private jet, although he owns He never travels by private jet, although he owns the world’s largest private jet company.the world’s largest private jet company.

His company, Berkshire Hathaway, owns 63 His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on the year. He never holds meetings or calls them on a regular basis.a regular basis.

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Buffett bought his first stock when he Buffett bought his first stock when he was 12-years oldwas 12-years old

Warren put everything his schemes Warren put everything his schemes had earned him into this stock, Cities had earned him into this stock, Cities Service Preferred. He also enrolled his Service Preferred. He also enrolled his sister, Doris.sister, Doris.

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He does not socialize with the high society He does not socialize with the high society crowd. His past time after he gets home is crowd. His past time after he gets home is to make himself some pop corn and watch to make himself some pop corn and watch television.television.

Bill Gates, the world’s richest man met Bill Gates, the world’s richest man met him for the first time only 5 years ago.him for the first time only 5 years ago.

Warren Buffet does not carry a cell phone, Warren Buffet does not carry a cell phone, nor has a computer on his desk.nor has a computer on his desk.

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.. In June 2006, Buffett announced his In June 2006, Buffett announced his

plan to give away 85% of his wealth to plan to give away 85% of his wealth to charity. charity.

  "There's no reason why future "There's no reason why future

generations of little Buffetts should generations of little Buffetts should command society just because they command society just because they

came from the right womb. Where's the came from the right womb. Where's the justice in that?" he said. justice in that?" he said. 

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Buffett  plays bridge online at least four times a week.

He has competed in online bridge He has competed in online bridge tournaments for years alongside fellow tournaments for years alongside fellow billionaire Bill Gates. Gates plays online under billionaire Bill Gates. Gates plays online under the name "Chalengr" and Buffett goes under the name "Chalengr" and Buffett goes under the name "T-Bone."the name "T-Bone."

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Best Things Warren BuffetBest Things Warren Buffet

Has Ever SaidHas Ever Said

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"Rule No. 1: Never lose money;"Rule No. 1: Never lose money;

Rule No. 2: Don't forget rule No. 1."Rule No. 2: Don't forget rule No. 1."

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"Be fearful when others are "Be fearful when others are greedy, , and be greedy when others are and be greedy when others are fearful."fearful."

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"Someone's sitting in the shade "Someone's sitting in the shade today because someone planted a today because someone planted a tree a long time ago."tree a long time ago."

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"Only when the tide goes out do you "Only when the tide goes out do you discover who's been swimming discover who's been swimming naked."naked."

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"I could "I could end the deficit in 5 minutes. You just pass in 5 minutes. You just pass a law that says that anytime there is a deficit of a law that says that anytime there is a deficit of more than 3 percent of GDP all sitting members more than 3 percent of GDP all sitting members of congress are ineligible for reelection.” of congress are ineligible for reelection.”

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““Some things just take time. You Some things just take time. You can't produce a baby in one month can't produce a baby in one month by getting nine women pregnant."by getting nine women pregnant."

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"I think you are out of your mind if you keep "I think you are out of your mind if you keep taking jobs that you don't like because you think taking jobs that you don't like because you think it will look good on your resume. Isn't that a little it will look good on your resume. Isn't that a little like saving up sex for your old age?"like saving up sex for your old age?"

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““If you've been playing poker for If you've been playing poker for half an hour and you still don't know half an hour and you still don't know who the patsy is, you're the patsy."who the patsy is, you're the patsy."