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Showing posts from July, 2012

The Tortoise and Rabbit

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The old story said that the slow and steady wins the race is absolutely true. But here is another aspect of life is described in the following story. That after losing to tortoise the rabbit realized that he certainly made mistakes to fail in the race .And he realized that he has some of the best quality within him that can win the race. Sor he asked for another race to the tortoise. And finally they had another race, in which the rabbit could control get rid of his overconfidence and ran very fast without stopping anywhere. And finally the rabbit won the race. Moral of the story is : fast and consistent will always beat the slow and steady. So it is always better to be fast and consistent than slow and steady. This time tortoise did some introspection and realized that there is no way he could beat the rabbit in race at present place and situations. He started thinking and thinking for few days. At last he came with an idea and c...

Amazing Facts About WARREN BUFFET: 3rd Richest Man In The World

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 1) Warren 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 year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis. 7) Warren Buffet 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 no...