Saturday, 22 September 2012


Warren Buffet’s 5 Life Tips

Warren Buffet
Multi Billionaire Investor ‘Warren Buffett‘ who once was ‘The Richest Man In The World‘, shares his 5 major rules to living a successful life.

On Earning: “Never depend on a single income. Make Investments to create a second source.”

On Spending: “If you buy things you do not need, soon you will have to sell things you need.”

On Savings: “Do not save what is left after spending, spend what is left after saving.”

On Taking Risks: ”Never test the depths of the river with both of your feet.”

On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”

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Peter’s Piece

I’m not sure that I agree with Tip #5. I’ve seen lots of rich people who were really quite cheap and of questionable honesty. I’ve also seen lots of poor, but honest people with hearts of gold.

When Buffet made that suggestion his iced-tea may have been severely laced with something.