The name of Warren Buffett is known as one of the most influential person and top invester in today's world and as a stock market player, the wizard of Wall Street and for his billion dollar company Berkshire Hathaway.
As of 2008, Forbes was estimated as the richest person in the world by Forbes due to net worth of US $ 62 billion.
Despite being a big billionaire in this world, one other biggest thing is that Buffett made history is by donating nearly 85% of his total wealth to Bill & Melinda Gates Foundation by Bill Gates and became the world's largest donor ....
Buffett's father was a stock exchange business person , Buffett started his business life with his father at the age of 11, when he started his business life, Buffett filed his first income tax return at age 13.
At the age of 15, at High School, in the last year Buffett and one of his friends bought a used pinball machine in 25 dollars and placed it in a barbershop . In just a few months, they had three machines in different places.
At 20 years of age, Buffett applied for admission to Harvard Business School, but he was turned down. Then Warren Buffett enrolled in the Columbia Business School because he knew that Benjamin Graham and David Dodd, two well-known securities analyst, read there. By these same gurus Buffett learned to invest in the stock market.
Buffett has the winning assets today, his life style is as simple, Buffett still lives the same house he had bought five decades ago, he owns his own car, neither he has any driver nor any security guard , even doesnt travels by private plane, and most shocking thing is that he just write one letter to all his CEOs only once a year about what thought he.
Friends, understanding Warren Buffett's leprous or making any opinion about them is just as intriguing as the stock market.
Some of the top Excellent Tips by Warren Buffett's summarised -
"Earnings: Never be dependent on individual income. Invest in making another means of income. "
"Success: When good ideas come then start doing work for it rather than just thinking about it. Buffet say -There was a moment in my life when I had a lot of ideas. But if I come to some implementation next week, then I will be able to do something else otherwise I will not be able to do anything. "
"Spend: If you are buying what you do not need, then you will have to sell whatever you need one day."
"Savings: Dont invest what you are saving after spending,but instead keep your saving aside first and then invest the extra in your worthy ideas to be successful."
"Risk: Never should the depth of the river be measured with two feet."
"Investment: Never put all your eggs in the same basket."
"Expectancy: Honesty is the most expensive gift. Do not expect it from small people. "
Humanity: If you are involved in remaining 1% of people who have humanity remaining in them , you can still teach 99% people innocence. "
I hope you will like this article and get some inspiration from this legendary being "warren Buffett" .
We all want to be successful in life but i think a good way to start is to see the lives of the legends in your field to take some great insights and maybe you can excel them someday.
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