Wednesday, November 25, 2009
A Thanksgiving Tribute
The man is worth over $62 billion dollars yet maintains personal frugality. He reportedly does not carry a cell phone, doesn't have a computer at his desk, and drives his own car. He still lives in the same house he bought in the 1950s.
He is a witty old man and has some pretty great quotes, as follows:
"I buy expensive suits. They just look cheap on me."
"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."
"Only when the tide goes out do you discover who's been swimming naked."
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."
"You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing."
"You only have to do a very few things right in your life so long as you don't do too many things wrong."
So this Thanksgiving, among the many more important things I am thankful for, I also express thanks for Warren Buffett who makes me laugh and inspires me to be frugal. If only one day it will pay off... in billions...