World Second Richest Man--Tip Of The Day

There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity.

He has given his CEO's only two rules.




Rule number 1: do not lose any of your share holder's money.




Rule number 2: Do not forget rule number 1.




Interesting Aspects :

1. 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 half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.

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



His advice to young people: "Stay away from credit cards and invest in yourself and Remember:

A. Money doesn't create man but it is the man who created money.

B. Live your life as simple as you are.

C. Don't do what others say, just listen them, but do what you feel good.

D. Don't go on brand name; just wear those things in which u feel comfortable.

E. Don't waste your money on unnecessary things; just spend on them who really in need rather.

F. After all it's your life then why give chance to others to rule our life."