Some facts about warren_buffett !!!

Here are some of the classic quotes from one of the greatest investing minds of our time Mr. Warren Buffett:

1. "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."

2. "A very rich person should leave his kids enough to do anything, but not enough to do nothing."

3. "If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%."

4. "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently."

5. "Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars."

6. "The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."

7. "Can you really explain to a fish what it’s like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value."

8. "You only have to do a very few things right in your life so long as you don’t do too many things wrong."

9. "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

10. "Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years."

11. "Chains of habit are too light to be felt until they are too heavy to be broken."

12. "It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction."

13. "If a business does well, the stock eventually follows."

14. "Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful.'"

15. "Price is what you pay. Value is what you get."

16. "Wide diversification is only required when investors do not understand what they are doing."

17. "Risk comes from not knowing what you're doing."

18. "The rich invest in time, the poor invest in money."

19. "Without passion, you don't have energy. Without energy, you have nothing."

20. "I get to do what I like to do every single day of the year."

21. "The smarter the journalists are, the better off the society is to a degree. People read the press to inform themselves; and the better the teacher, the better the student body."

22. "Focus on your customers and lead your people as though their lives depend on your success."

23. "Never invest in a business you can’t understand."

Ankur sir thanks a lot sharing  for this one.

We have to learn some many things from his experience.

My one of the favourite leader he is I had read his biography and Article's from this we have to learn from the below,

Five things about Warren Buffett :

• His approach to charities
• He treats shareholders as true partners
• He does not take all the credit
• He is known for his business sense and not his life-style
• His humor.

Best Regards,

Karthikeya...

* Hard work: All hard work brings a profit, but mere talk leads only  to poverty.

* Laziness: A sleeping lobster is carried away by the water current.

* Earnings: Never depend on a single source of income. [At least make your Investments get you   second earning]

* Spending: If you buy things you don't need, you'll soon sell things you need.

* Savings: Don't save what is left after spending; spend what is left after saving.

* Borrowings: The borrower becomes the lender's slave.

* Accounting: It's no use carrying an umbrella, if your shoes are leaking.

* Auditing: Beware of little expenses; A small leak can sink a large ship.

* Risk-taking: Never test the depth of the river with both feet. [Have an alternate plan ready]

* Investment: Don't put all your eggs in one basket.

Thank you Ankur Bhaiya...really very useful to practice in our daily lives.

@ vandana M,

U have done great analyses by reading the story and implementing in life..

Thanks for sharing...

Great job Ankur........really very insperational.........

Although I know everything about Warren Buffet posted here, still I get Goosebumps everytime I read about him...the man is a true GENIUS!!!

Thnks for sharing

Vandana M - Nicely done...

Thanku all for responding to the post and sharing ur valuable comments.

Special thanks to dear Vandana for giving this post a new turn for me...

Regards

This was read one of theemail shared on Warren buffet, but remembered and liked to share when u started a thread. Thats all the credit goes to you and not to me Ankur bhaiya. Infact had forgotten some of the part which your thread made me recall. So lots of thanks to you.

Great Inspirational lines from the great investor.........

Thanks for sharing this valuable information, Ankur Sir.........

i feel he is the complete man & a    down to earth  person.  I hope to see such kind of people even in our country  bcoz our country needs them..........

thanks ankur sir

You shared with us, some really interesting aspects about Warren Buffet. I always knew that he spoke in a very simple way, but I never knew that he may be leading this kind of spartan life, as you said. 

Download a wonderful file from the link given below regarding Mr. Buffet:

/share_files/l-i-f-e-mr-buffet-style-11704.asp