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Old 09-05-2007, 10:10 AM   #1
Executive Chef
Join Date: Aug 2004
Location: Raton,NM, USA
Posts: 4,572
Points to ponder

I just got this in an email I thought it was great.JP

As we roll into September, you may be returning to work or school or
starting a new cycle in your career. Before you make any new moves, this
might be the perfect time to reevaluate your priorities and set up your mind
and heart for the most direct -- and enjoyable -- route to achieve you
chosen goals.

In a rare interview, Warren Buffet, the second richest man in the
world, revealed some amazing facts about his lifestyle and his philosophy of
success. Here is a summary of them, for you to chew on and apply toward you
own success:

1. He bought his first share of stock 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 midtown 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 shareholder's money.

Rule number 2: Do not forget rule number 1.

7. He does not socialize with the high society crowd. His pastime after he
gets home is to make himself some popcorn 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 a 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

His advice to young people:

Stay away from credit cards, invest in yourself and remember:

A. Money doesn't create man, but it is 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 makes you feel

D. Don't go on brand names. Wear those things in which you feel comfortable.

E. Don't waste your money on unnecessary things. Spend on those who really
are in need.

F. After all, it's your life. Why give others the chance to rule your life?

So here's a great model of how to maintain the riches of your spirit even as
you attract material riches. Did you really need all those meetings, or do
you just need to line your life up with your passion?


jpmcgrew is offline   Reply With Quote
Old 09-05-2007, 10:20 AM   #2
Executive Chef
Join Date: Jun 2007
Location: San Antonio, Texas
Posts: 3,619
Thanks JP. I just sent this to all my kids and friends.

Fisher's Mom is offline   Reply With Quote
Old 09-06-2007, 07:56 AM   #3
Assistant Cook
Join Date: May 2007
Location: Sydney Australia
Posts: 15
So let me get this right, Mr Buffet advises young people not to do what others say, but rather what makes them feel good.

I wonder how he'd feel if the CEOs of his companies didn't reach their goals. Hmmmmm. Perhaps he just doesn't employ any insubordinate, unbridled young persons.
Ozgal is offline   Reply With Quote

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