Tuesday, June 28, 2011

28-06-2011

Most Important Tips from Warren Buffet :
1) Earnings : Never depend on single income. Make investment to create a second source.
2) Spending : If you buy things you do not need , soon you have to sell things you need.
3) Savings : Don't save what is left after spending but spend what is left after savings.
4) Taking Risks ; Never test the depth of the river with both feet.
5) Investment : Don't put all your eggs in a single basket.
Start early to avoid painful delay cost.

Solve simple mistakes early before it leads to big problem because we always slip from small stones and not from a mountain.

Well timed silence has more eloquence than speech.

Peace of mind can be attained very easily if we just let go 3 'C's.
Criticizing,
Comparing,
Complaining

Knowing others is intelligence.
Managing others is strength,
Knowing yourself is true wisdom
but
Managing yourself is true power.