Thursday, December 20, 2012

Eleven Buffet Facts

1. He bought his first share at age 11 and he 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 mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
4. He drives his own car everywhere and does not have a driver or security people around him.
5. He never travels by private jet, although he owns the world’s largest private jet company.
6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each yearto the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis.
7. He has given his CEO’s only two rules. Rule number 1: do not lose any of your share holder’s money. Rule number 2: Do not forget rule number 1.
8. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9. Bill Gates, the world’s richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10. Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11. His advice to young people:
 * Stay away from credit cards and invest in yourself.
 * Money doesn’t create man it is the man who created the money.
 * Live your life as simply as you can.
 * Don’t do what others say, listen to them, but then do what you feel is the right  thing to do.
 * Don’t buy brand names; instead just wear those things in that make you feel comfortable.
 * Don’t waste your money on unnecessary things; rather spend it on those who are really in need.
 * It’s your life so why allow others to rule our life.

The Human Resources Story

A highly successful Human Resources Manager was tragically knocked down by a bus and killed. Her soul arrived at the Pearly Gates, where St. Peter welcomed her:
 
"Before you get settled in," he said, "We have a little problem... you see, we've never had a Human Resources Manager make it this far before and we're not really sure what to do with you."
"Oh, I see," said the woman. "Can't you just let me in?"
"Well, I'd like to," said St Peter, "But I have higher orders. We're instructed to let you have a day in hell and a day in heaven, and then you are to choose where you'd like to go for all eternity."
"Actually, I think I'd prefer heaven", said the woman.
"Sorry, we have rules..." at which St. Peter put the HR Manager into the downward bound elevator.
As the doors opened in hell she stepped out onto a beautiful golf course. In the distance was a country club; around her were many friends - past fellow executives, all smartly dressed, happy, and cheering for her. They ran up and kissed her on both cheeks and they talked about old times. They played a perfect round of golf and afterwards went to the country club where she enjoyed a superb steak and lobster dinner. She met the Devil, who was actually rather nice, and she had a wonderful night telling jokes and dancing. Before she knew it, it was time to leave; everyone shook her hand and waved goodbye as she stepped into the elevator. The elevator went back up to heaven where St. Peter was waiting for her.
"Now it's time to spend a day in heaven," he said.
So she spent the next 24 hours lounging around on clouds and playing the harp and singing, which was almost as enjoyable as her day in hell. At the day's end St Peter returned.
"So," he said, "You've spent a day in hell and you've spent a day in heaven. You must choose between the two."
The woman thought for a second and replied, "Well, heaven is certainly lovely, but I actually had a better time in hell. I choose hell."
Accordingly, St. Peter took her to the elevator again and she went back down to hell.
When the doors of the elevator opened she found herself standing in a desolate wasteland covered in garbage and filth. She saw her friends dressed in rags, picking up rubbish and putting it in old sacks. The Devil approached and put his arm around her.
"I don't understand," stuttered the HR Manager, "Yesterday I was here, and there was a golf course, and a country club, and we ate lobster, and we danced and had a wonderful happy time. Now all there's just a dirty wasteland of garbage and all my friends look miserable."
The Devil looked at her and smiled. "Yesterday we were recruiting you, today you're staff."

The Mobile Phone Story

Several men were in a golf club locker room.A mobile phone rings.
 
"Yes I can talk," says the man answering the call, "You're shopping are you? That's nice."
The listening men smile to each other.
"You want to order those new carpets? Okay.. And they'll include the curtains for an extra five thousand?.. Sure, why not?"
More smiles among the listeners.
"You want to book that week on Necker Island?.. They're holding the price at twenty-two thousand?.. Sounds a bargain.. You want a fortnight?.. If that's what you want honey, okay by me."
Smiles turn to expressions of mild envy.
"And you want to give the builder the go-ahead for the new conservatory? Seventy-five thousand if we say yes today? Sounds fair.. sure, that's fine."
The listeners exchange glances of amazement.
"Okay sugar, see you later.. Yes, love you too," says the man, ending the call.
He looks at the other men and says, "Whose phone is this anyhow?.."

Bad By Name; Bad By Nature?

During Nelson Mandela's 19 years imprisoned on Robben Island, one particular commanding officer was the most brutal of them all:
 
"A few days before Badenhorst's departure, I was called to the main office. General Steyn was visiting the island and wanted to know if we had any complaints. Badenhorst was there as I went through a list of demands. When I had finished, Badenhorst spoke to me directly.
He told me he would be leaving the island and added: 'I just want to wish you people good luck'. I do not know if I looked dumbfounded, but I was amazed. He spoke these words like a human being and showed a side of himself we had never seen before. I thanked him for his good wishes and wished him luck in his endeavours.
I thought about this moment for a long time afterwards. Badenhorst had perhaps been the most callous and barbaric commanding officer we had had on Robben Island. But that day in the office, he had revealed that that there was another side to his nature, a side that had been obscured but still existed.
It was a useful reminder that all men, even the most seemingly cold-blooded, have a core of decency and that, if their hearts are touched, they are capable of changing. Ultimately, Badenhorst was not evil; his inhumanity had been foisted upon him by an inhuman system. He behaved like a brute because he was rewarded for brutish behaviour."
Source: "Long Walk To Freedom" by Nelson Mandela

The Mechanic and the Surgeon Story

A heart surgeon took his car to his local garage for a regular service, where he usually exchanged a little friendly banter with the owner, a skilled but not especially wealthy mechanic.
"So tell me," says the mechanic, "I've been wondering about what we both do for a living, and how much more you get paid than me..."
"Yes?" says the surgeon.
"Well look at this," says the mechanic, as he worked on a big complicated engine, "I check how it's running, open it up, fix the valves, and put it all back together so it works good as new... We basically do the same job don't we? And yet you are paid ten times what I am - how do you explain that?"
The surgeon thought for a moment, and smiling gently, replied,” Try it with the engine running..."
From: www.businessballs.com

Tuesday, December 18, 2012

Nobunaga’s Destiny

A great Japanese warrior named Nobunaga decided to attack the enemy although he had only one-tenth the number of men the opposition commanded. He knew that he would win, but his soldiers were in doubt.
 
On the way he stopped at a Shinto shrine and told his men: “After I visit the shrine I will toss a coin. If heads comes, we will win; if tails, we will lose. Destiny holds us in her hand.”
Nobunaga entered the shrine and offered a silent prayer. He came forth and tossed a coin. Heads appeared. His soldiers were so eager to fight that they won their battle easily.
“No one can change the hand of destiny,” his attendant told him after the battle.
“Indeed not,” said Nobunaga, showing a coin which had been doubled, with heads facing either way.

Poison

A long time ago, a girl named Li-Li got married and went to live with her husband and mother-in-law. In a very short time, Li-Li found that she couldn't get along with her mother-in-law at all. Their personalities were very different, and Li-Li was angered by many of her mother-in-law's habits. In addition, she criticized Li-Li constantly.
 
Days passed days, and weeks passed weeks. Li-Li and her mother-in-law never stopped arguing and fighting. But what made the situation even worse was that, according to ancient Chinese tradition, Li-Li had to bow to her mother-in-law and obey her every wish. All the anger and unhappiness in the house was causing the poor husband great distess.
Finally, Li-Li could not stand her mother-in-law's bad temper and dictatorship any longer, and she decided to do something about it.
Li-Li went to see her father's good friend, Mr. Huang, who sold herbs. She told him the situation and asked if he would give her some poison so that she could solve the problem once and for all. Mr. Huang thought for awhile, and finally said, Li-Li, I will help you solve your problem, but you must listen to me and obey what I tell you. Li-Li said, "Yes, Mr. Huang, I will do whatever you tell me to do." Mr. Huang went into the back room, and returned in a few minutes with a package of herbs. He told Li-Li, "You can't use a quick-acting poison to get rid of your mother-in-law, because that would cause people to become suspicious. Therefore, I have given you a number of herbs that will slowly build up poison in her body. Every other day prepare some pork or chicken and put a little of these herbs in her serving. Now, in order to make sure that nobody suspects you when she dies, you must be very careful to act very friendly towards her. Don't argue with her, obey her every wish, and treat her like a queen." Li-Li was so happy. She thanked Mr. Huang and hurried home to start her plot of murdering her mother-in-law.
Weeks went by, and months went by, and every other day, Li-Li served the specially treated food to her mother-in-law. She remembered what Mr. Huang had said about avoiding suspicion, so she controlled her temper, obeyed her mother-in-law, and treated her like her own mother. After six months had passed, the whole household had changed. Li-Li had practiced controlling her temper so much that she found that she almost never got mad or upset. She hadn't had an argument in six months with her mother-in-law, who now seemed much kinder and easier to get along with.
The mother-in-law's attitude toward Li-Li changed, and she began to love Li-Li like her own daughter. She kept telling friends and relatives that Li-Li was the best daughter-in-law one could ever find. Li-Li and her mother-in-law were now treating each other like a real mother and daughter. Li-Li's husband was very happy to see what was happening.
One day, Li-Li came to see Mr. Huang and asked for his help again. She said, "Dear Mr. Huang, please help me to keep the poison from killing my mother-in-law! She's changed into such a nice woman, and I love her like my own mother. I do not want her to die because of the poison I gave her." Mr. Huang smiled and nodded his head. "Li-Li, there's nothing to worry about. I never gave you any poison. The herbs I gave you were vitamins to improve her health. The only poison was in your mind and your attitude toward her, but that has been all washed away by the love which you gave to her."