Warren Buffet - Think about it

Post by: NISHI on October 7th, 2008 | File Under Entrepreneurship

Warren Buffet - Think about it

warren buffet

There was a one hour interview on CNBC with *Warren Buffet*, the second
richest man who has donated $31 billion to charity Here are some very
interesting aspects of his life:

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 year to the CEOs of these companies, giving them goals for the
year. He never holds meetings or calls them on a regular basis. 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.

7. 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.

8. 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.

9. Warren Buffet does not carry a cell phone, nor has a computer on his
desk.

His advice to young people : “Stay away from credit cards and invest in
yourself and Remember:
A. Money doesn’t create man but it is the man who created money.
B. Live your life as simple as you are.
c. Don’t go on brand name.
d. Don’t waste your money on unnecessary things; just spend on them who
really in need rather.

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Omar S. Ishrak : President and CEO of GE Healthcare’s Clinical Systems division

Post by: Aravind Patrudu on October 5th, 2008 | File Under Entrepreneurship, case studies

Omar S. Ishrak, president and CEO of GE Healthcare’s ClinicalSystems division had 13 years of experience in technology and business management when he joined  GE. Mr. Ishrak earned a bachelor of science and a Ph.D. in electrical engineering from the University of London, King’s College.

Journey of SYED OMAR ISHRAK :

  • Prior to joining GE Omar S. Ishrak served as Senior Vice President, Worldwide Marketing and Product Development, for the $200 million Elbit Ultrasound Group and served at various product development and in transducer and systems engineering positions at Philips Ultrasound.
  • In the year 1995, Omar was appointed as the General Manager of Global Ultrasound at GE Medical Systems.
  • Later in the year 1999, he was promoted to Vice President.
  • After that  in January 2005 he was appointed president and CEO of GE Healthcare’s Clinical Systems division being responsible for GE’s ultrasound, monitoring solutions, bone densitometry, cardiology, maternal-infant care and life support solutions businesses as mentioned in the GE official website.
  • Currently Omar is a member of the Blood Center of Wisconsin and a leading member of the organization’s research committee and Health Leadership Council of the Save the Children Foundation.

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