Monday, October 20, 2008

Wealth:Warren Buffet


I have many role-models one of it is Warren Edward Buffet
he is the richest people in the world according to Forbes survey in mid 2008.He is the successful investor,CEO,bussinesman and shareholder of Berkshire Hathaway.He is also a philantrophist,he share 83% of his income to Bill and Melinda Gates foundation.The reason why I admired him because his "value investing" and his quote:"I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die."

Warren Buffet is one of the Seven Samurai,Seven Samurai is a club of 7 Jewish Millionaire and he didn't do dirty business such as drugs or weapons.

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