Tuesday 8 October 2013

WARREN BUFFETT an "inspiring philanthropist''

 WARREN BUFFETT     

FULL NAME:Warren Edward Buffett.

BORN:August 30,1930 in Omaha,Nebraska,U.S.

EDUCATION:Master of science in economics.

OCCUPATION:Chairmen and CEO of "Berkshire Hathway''(largest share holder)

 Warren Buffett is an American business maganate,invester and philantrophist.He is widely considered as the most successful invester of 20th century and is conistently ranked among worlds wealthiest people.He was ranked as the worlds wealthiest person in 2008 and as 3rd wealthiest person in 2011.In 2012 American magzine "Time" named Buffett as one of the most influential person in the world.

Warren Buffett is noted for his adherence to the value investing philosophy and for his personal fugality despite his immense wealth.

Buffett is also a notable philanthropist,having pledged to give 99% of his fortune to philanthropic cause primarily via ''Gates foundation''.

During his early life Buffett went door to door selling chewing gum,coca-cola,weekly magzines etc...even though his father Howard Buffett was a U.S.Representative.

Friends let me have your attention for a while now..

My dear friends inspiring life of Warren Buffett can now be applied to the people of 21st century who is right now a blind belivers of a thought that  "MONEY brings LUXURY and STATUS''hence earn money in any way possible by being selfish and suppresing some one elses life.This is the inference drawn by majority of the people in the society.

I strongly oppose this mentality of people.Now a days people are getting more educated but with less moral values.Talent of every indivisual is not recognised because of which we are running only to score on paper and not on mind.

So friends if we are determined about our goals and moral values then we will be automatically recognised by the society and can even have a better satisfaction of living a proud and humble life.

so friends taking you all back to a beautiful life of Warren Buffett.

In 1962,Buffett became a milloniar because of his partnerships.Later he merged all his partnerships to one partnership.Buffett invested in and eventually took control of textile manufacturing firm ''Berkshire hathway''.

Buffett became a billionaire on paper when Berkshire Hathway began selling class A shares on May 29,1990.

Buffett ran into criticism during subprime crisis of 2008-2009 i,e during reccesion  period.In 2009 he had said that economy had fallen off a cliff .In May 2012 Buffett's acquisition of  media general consisting of 63 news papers in south eastern U.S. was announced.

Buffett's thought on his wealth is as follows..........

''I dont have any problem with guilt about money.The way I see it is that my money represents an enormous number of claim checks on society.Its  like i have these little pieces of paper that i turn into consumption.If i would wanted to do,i could hire 10,000 people to do nothing but paint my picture everyday for rest of my life and GDP would go up.But utility of product would be zilch and i would be keeping those 10,000 people from doing AIDS research or teach or nursing.I dont do that though.I dont use very many of those claim checks.There's nothing material i want very much and i am going to give virtually all of those claim checks to charity when my wife and i die''

so friends lets start walking towards creating a new ''ERA'' with all wonderful inspiring  people and their thougths around.

Hoping to have given best of the information...

THANK U ALLLL.........

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