Warren Buffett...

Having heard his name everywhere as being the greatest investor and always amused by the "highly" priced Berkshire Hathaway stocks (BRK-A now trading at US $135000 per share - yes, thats the number - no typos :-)), was just reading his biography... It is very interesting!

His Berkshire Hathaway Shareholder Letters shows his funny side too, besides his investing genius! here are some cool facts and quotes about Warren Buffett...

• Forbes 2nd richest person on earth with net worth of $55 Billion
• Has agreed to donate $30 Billion to charity and here's his quote :

"I personally think that society is responsible for a very significant percentage of what I've earned. If you stick me down in the middle of Bangladesh or Peru or someplace, you find out how much this talent is going to produce in the wrong kind of soil... I work in a market system that happens to reward what I do very well—disproportionately well. Mike Tyson, too. If you can knock a guy out in 10 seconds and earn $10 million for it, this world will pay a lot for that. If you can bat .360, this world will pay a lot for that. If you're a marvelous teacher, this world won't pay a lot for it. If you are a terrific nurse, this world will not pay a lot for it." "I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. ... I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die."

• Despite the riches, he still lives in the same house in Omaha that he bought for $30,000 in 1958!

• Buffett was the only student to get A+ in "Security Analysis" course from Benjamin Graham in Columbia Business School, dubbed as the father of modern security analysis
  
• When asked about not leaving the bulk of his fortune to his kids in an interview with Charlie Rose, Buffett reiterates his view about leaving wealth to kids,

"I want to give my kids just enough so that they could do anything but not nothing!" and he goes on to joke that,

"we have a choice between having a foundation like this [Gates foundation], doing tremendous things to people all over the world, OR having it go to a bunch of people that came from a lucky sperm club!" :-)

• Enjoyed his funny comment about Gold, "It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."

• Some more quotes...

"In the business world, the rearview mirror is always clearer than the windshield."

"Only when the tide goes out do you discover who's been swimming naked."