Mr. Warren Buffett (Chairman and CEO of Berkshire Hathaway Inc) is visiting India to launch his website as Corporate agent of a general insurance company. Though I won't be able to meet him during his visit, somehow, I think I would be meet him some day.
Never Too Early To Pursue Your Passion
Mr. Buffett showed interest in making money and saving even as a child. As early as 7 years, he learned to make money by selling chewing gum, magazines, and coca-cola door-to-door. By the time he was in high school, he had already worked in grocery stores and delivering newspapers, golf balls, etc. and start making and saving money.
Prepare Yourself
He pursued his interest in finance by properly educating himself in the line of his interest. I believe in this. An uncut diamond has to be cut and polished in order for it to derive its value. That is what education gives.
Enough is enough
Attaining Contentment in material wealth is a challenge which he has conquered. How much is enough? He believes that every material wealth should have a utilitarian value. He DOES NOT believe in investing in gold for the same reason, there is no utility out of it.
GIVE
Give – Give – Give – Mr. Buffet is planning to give away most of his wealth to charitable causes. He has already pledged Rs 1.38 lakh crores (That is 138 followed by 10 zeros) to Bill and Melinda Gates Foundation. He does not believe in leaving large wealth for his children. He says, "I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing".
WORK
There is no such thing as retirement in his life – He is 81 years old and still works.
