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Author Topic: WARREN BUFFET  (Read 2497 times)

Ambull

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WARREN BUFFET
« on: April 11, 2007, 10:27:38 am »
...dko po alam san ipopost ito, mods kayo na po bahala d2.

...PEACE

...pakidelete if posted


There was a one hour interview on CNBC with Warren Buffet,
the second richest man who has donated $31 billion to charity.
Here are some very interesting aspects of his life:

1) He bought his first share 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 mid-town 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.

7) 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.

Cool He does not socialize with the high society crowd. His past time after
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 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.

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

11) His advice to young people: *Stay away from credit cards and invest in yourself. *

Kal-El

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Re: WARREN BUFFET
« Reply #1 on: April 11, 2007, 10:31:33 am »
...dko po alam san ipopost ito, mods kayo na po bahala d2.

...PEACE

...pakidelete if posted


There was a one hour interview on CNBC with Warren Buffet,
the second richest man who has donated $31 billion to charity.
Here are some very interesting aspects of his life:

1) He bought his first share 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 mid-town 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.

7) 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.

Cool He does not socialize with the high society crowd. His past time after
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 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.

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

11) His advice to young people: *Stay away from credit cards and invest in yourself. *


Oh by the way, you forgot. Warren Buffet does not believe in stock splits either. That's why Berkshire Hathaway stocks are at a whopping $108,000 each, conservatively speaking. And Bill Gates owns a few of those... toast::
« Last Edit: April 11, 2007, 11:04:58 am by Kal-El »
"The son becomes the father, and the father becomes the son..."

Ambull

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Re: WARREN BUFFET
« Reply #2 on: April 11, 2007, 10:35:24 am »
@kal-el

   ganun ba? thanks for the info. dko alam un eh. hehe

Kal-El

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Re: WARREN BUFFET
« Reply #3 on: April 11, 2007, 10:39:18 am »
@kal-el

   ganun ba? thanks for the info. dko alam un eh. hehe

hehe sure! NP!  toast::
"The son becomes the father, and the father becomes the son..."

madcarabao

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Re: WARREN BUFFET
« Reply #4 on: April 11, 2007, 10:45:29 am »
nice info.. ganda ung ganun, u have a company that owns allot of companies. ;D

bulba

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Re: WARREN BUFFET
« Reply #5 on: April 11, 2007, 10:57:34 am »
thanks 4 sharing.. i already stayed away from credit cards!  gun::

 ;D ;D ;D


KenjiSaintz

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Re: WARREN BUFFET
« Reply #6 on: April 11, 2007, 11:52:26 am »
ang galing naman

el cabronâ„¢

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Re: WARREN BUFFET
« Reply #7 on: April 11, 2007, 12:47:16 pm »
sa lahat ng mayaman mukhng sya palang idol q.hehehe!  laffman::

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kronny20ph

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Re: WARREN BUFFET
« Reply #8 on: April 11, 2007, 02:11:34 pm »
Buffett (The Making of an American Capitalist) one of his good book..... hes from omaha nebraska and men hes a good stock market hes the god father of new york stock and nasdaq.... lahat ng hawakan nyang companya eh #1 sa stock.... ang gusto nya isa yung dying stock and make it on the top.....http://www.berkshirehathaway.com/


im in stock thats why i know.... Insurance    Applied Underwriters Inc. • Central States Indemnity Company • GEICO • General Re • Kansas Bankers Surety Company • Medical Protective • National Indemnity Company • United States Liability Insurance Group  • Wesco Financial
Materials and Construction    Acme Brick • Benjamin Moore & Co. • Clayton Homes • ISCAR Metalworking • Johns-Manville • MiTek • Precision Steel Warehouse, Inc. • Shaw Industries
Furniture    CORT Business Services • Jordan's Furniture • Larson-Juhl • Nebraska Furniture Mart • RC Willey Home Furnishings • Star Furniture
Apparel    Fruit of the Loom • Russell • Garan • Fechheimer Brothers • Acme Boots • H.H. Brown Shoe Group • Justin Brands
Transportation    NetJets • FlightSafety International • Forest River • McLane Company • XTRA Corporation
Food    Dairy Queen • The Pampered Chef • See's Candies
Other    Ben Bridge Jeweler • Blue Chip Stamps • Borsheim's Fine Jewelry • The Buffalo News • Business Wire • CTB Inc. • MidAmerican Energy Holdings Company • World Book Encyclopedia

kronny20ph

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Re: WARREN BUFFET
« Reply #9 on: April 11, 2007, 02:14:14 pm »
see benjamin graham

influential economist and professional investor who is today often called the "Father of Value Investing" and the "Dean of Wall Street."

he formula as described by Graham in 1962 edition of “Security Analysis”, is as follows:

    V* = EPS (8.5 + 2g)

Where the expected annual growth rate “should be that expected over the next seven to ten years.” Graham’s formula took no account of prevailing interest rates.

Kal-El

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Re: WARREN BUFFET
« Reply #10 on: April 11, 2007, 02:18:19 pm »
see benjamin graham

influential economist and professional investor who is today often called the "Father of Value Investing" and the "Dean of Wall Street."

he formula as described by Graham in 1962 edition of “Security Analysis”, is as follows:

    V* = EPS (8.5 + 2g)

Where the expected annual growth rate “should be that expected over the next seven to ten years.” Graham’s formula took no account of prevailing interest rates.

kronny, care to explain the formula....ok, i understand the earnings per share and the 8.5 constant...but what is the variable g?

nga pala, ingat sa double-post kronny.... toast::
"The son becomes the father, and the father becomes the son..."

KuRaTsAMaYoR

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Re: WARREN BUFFET
« Reply #11 on: April 11, 2007, 06:47:05 pm »
WOW!!! as in WOW!!! nakakaaliw ang story nya... i wonder if its true...  ???

manoyihay

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Re: WARREN BUFFET
« Reply #12 on: April 11, 2007, 07:25:27 pm »
galing nya. kakaiba talaga sya sa ibang mayayaman.

Van Wilder

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Re: WARREN BUFFET
« Reply #13 on: April 11, 2007, 08:00:37 pm »
sarap nmn surname ne2. Buffet! Pero aztig cya ha.

laitzu

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Re: WARREN BUFFET
« Reply #14 on: April 12, 2007, 12:41:07 am »
one inspiring life worthy of emulating...kaidol - idol nga...
thanks for sharing ambull.. nice post..eto  pokepoint::
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Ambull

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Re: WARREN BUFFET
« Reply #15 on: April 12, 2007, 01:36:05 am »
NP Matahari. basta para sa ikakabuti ng mga katisyu,  toast::
tnx din sa pokepoint

Kal-El

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Re: WARREN BUFFET
« Reply #16 on: April 12, 2007, 05:30:20 pm »
okay  nmn surname ne2. Buffet! Pero aztig cya ha.

nga pala, in case someone doesn't know, his surname is not pronounced as "Bu-fey" like the food set-up...it's actually "Buh-fet"  bnana b*; bnana
"The son becomes the father, and the father becomes the son..."