Here are some interesting aspects of his life:

1.- He bought his first share at age 11 and 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 Omaha that he bought after he married 50 years ago. He says he has everything he needs in that house. His house has no fence or gate.

4.- He drives his own car everywhere and does not carry a driver or bodyguard.

5.- He never travels by private jet, although he owns the largest private jet company in the world.

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 regularly.

7.- He has given his CEO’s only two rules:

• Rule 1: Do not lose any money from its shareholder.
• Rule 2: Do not forget rule number 1.

8.- He does not socialize with people of high society. His pastime after he gets home is to prepare some popcorn and watch television.

9.- Bill Gates, the world’s richest man met him 5 years ago. Bill Gates thought he had nothing in common with Warren Buffett. So he had scheduled the meeting for only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffett.

10.- His advice to young people:
Stay away from credit card and invest in yourself.

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

No related posts.

What benefits will you gain by buying shares or ownership of a company?

The first, if the company had a profit, then usually you get a share of profits called dividends. Take for example, if the per share dividend you receive USD 100 per share, and then by 3000 the stock you have, the total dividends you get is USD 300,000. Of course, the standard amount of dividends varies from one company to another company. But the principle is more or less the same. The more shares you have, the greater the dividend you can if that company profits.

The second advantage could be the value of your stock rises. Back we let you buy shares at USD 1,000. Well, if then more and more who want to buy stock, then stock prices may have increased so tell USD 1,400 per share. Thus, if you sell it, this means you get a profit of 40 percent. Profit is called capital gains. Where do you sell stock? Not to the companies that issue stock in question, but to others who do want to have these shares.

Of course, investing in stocks is risky. Namely, the decline in stock prices that you have. For example, from USD 1000 fell to USD 600 per share. When you sell, then you will lose USD 400 per share. Such losses usually called capital loss. Where do you sell? Also to others who do want to have these shares.

Related posts:

1. The Benefits when Buy Stock
2. How to trade stocks online in the U.S.?
3. What is the stock?