Warren Buffett Facts

There was a one hour interview on CNBC with Warren Buffet, the secondrichest man who has donated $31 billion to charity. Here are some veryinteresting aspects of his life:
1.) He bought his first share at age 11 and he now regrets that hestarted too late!
2.) He bought a small farm at age 14 with savings from deliveringnewspapers.
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 haseverything he needs in that house. His house does not have a wall or afence.
4.) He drives his own car everywhere and does not have a driver orsecurity people around him.
5.) He never travels by private jet, although he owns the world'slargest private jet company.
6.) His company, Berkshire Hathaway, owns 63 companies. He writes onlyone letter each year to the CEOs of these companies, giving them goalsfor 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 loseany of your share holder's money. Rule number 2: Do not forget rulenumber 1.
8.) He does not socialize with the high society crowd. His past timeafter he gets home is to make himself some pop corn and watch television.
9.) Bill Gates, the world's richest man met him for the first time only5 years ago. Bill Gates did not think he had anything in common withWarren Buffet. So he had scheduled his meeting only for half hour. Butwhen Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10.) Warren Buffet does not carry a cell phone, nor has a computer onhis desk.
11.) His advice to young people: Stay away from credit cards and investin yourself.