This famous phrase attributed to the charming old man American billionaire. The eccentric old man with the appearance of a provincial professor lives in a modest house in Omaha, and often travels to the old "Honda", purchased 10 years ago on the secondary market for some 700 bucks.
By car license plate emblazoned with the inscription «thrifty», which translates as "prudent". By this sign virtually any American determines that the vehicle is Warren Buffett - the most successful investor and the world's rich, known as "Oracle of Omaha". At the age of 6 years, Buffett bought for 25 cents at the store of his grandfather packaging Coca-Cola, and then sold to each of the six bottles for the 5 ¢. Total revenue was a result of 30 cents and a profit of 5 cents. So the boy-businessman has received the first profit.
So, here are seven tips business wins from the most successful investor of the twentieth century and one of the richest people in the world:
1. Wealth - a state of mind
"I always knew that I would be rich. I never doubted it for a minute. " - Warren Buffett
2. Success - is something more,
than a large bank account
Asked, CNBC that he believes the main secret of success, Buffett replied: "When people live to my age, and around it there are people who love it, this is a success. And no matter how much money is in your safe deposit box. Also, it is important to do what you love, and do it well. I never met a successful people who would deal with the fact that they do not like. The life of these people looks pitiful ».
3. Spend less,
than you earn
"If your ship sprung a leak, it is better to spend energy to replace the ship than patching holes." - Warren Buffett
You will not be able to become financially successful man, if he can not rein in their spending. Warren Buffett is known for leading a modest lifestyle, despite the multi-billion dollar fortune. He still lives in the house, which bought in 1958 for 31,800 dollars, and drives a second hand Lincoln.
4. Do not take personal loans
The sooner you realize that consumerism - it is a social plague of our time, fueled by large corporations to make you work for them, the faster you will be able to give up unnecessary things. Only a fool buys today what will work tomorrow. Because once your everyday work is over, and the debt will still remain.
5. Choose the correct idols
"Spend time with people you feel better yourself. This will help you move in the right direction. " - Warren Buffett
6. Games - for fools
"Rule № 1. Never lose money. Rule № 2. Never forget rule number one. " - Warren Buffett
Once Bill Gates admitted that he often beats bet with Buffett, but in an amount not more than one dollar.
7. The generosity and prosperity go hand in hand
"Among the billionaires I know, there is such that money would have changed beyond recognition. If they were jerks before they get rich, then it just started with billions of assholes. " - Warren Buffett
To have a greater need to give, I'm sure Warren Buffett, also known as a philanthropist and a generous benefactor. In 2006, he transferred 30 billion. Dollars to the Bill and Melinda Gates Foundation, which was the largest donation in the history of philanthropy.