21 April 2011

Warren Buffet Tips

These are some tips from the famous person ,The third rich man in the world ,Mr warren buffet who is the ceo in berkshire hathaway . He is a simple and humble man . he always share some tips to all of the people around the world. and these tips are some of the other tips.


  1.  Hard work: All hard work bring a profit, but mere talk leads only to poverty.
  2. Laziness: A sleeping lobster is carried away by the water current.
  3. Earnings: Never depend on a single source of income. [ At least make your Investments get you second earning 
  4. Spending: If you buy things you don't need, you'll soon sell things you need.
  5. Savings: Don't save what is left after spending; Spend what is left after saving.
  6. Borrowings: The borrower becomes the lender's slave.
  7. Accounting: It's no use carrying an umbrella, if your shoes are leaking.
  8. Auditing: Beware of little expenses; A small leak can sink a large ship.
  9. Risk-taking: Never test the depth of the river with both feet. [ Have an alternate plan ready ]
  10. Investment: Don’t put all your eggs in one basket.
 source:http://babajidesalu.wordpress.com/2009/03/09/warren-buffets-10-tips-for-2009/

 
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