Warren Edward Buffett

BY-RANJAN Kr. MISHRA

PROFILE
Born Father - August 30,1930 Omaha, Nebraska, U.S. - Howard, a stockbroker ,Congressman

Nationality - American Occupation - Chairman & CEO of Berkshire Hathaway. Employed - 1951-54 at Buffett-Falk & Co., Invest.salesman,19541956 at Graham-Newman

Corp., New York(securities analyst), 19561969

at Buffett Partnership, Ltd., as a general partner. Children - Susan Alice, Howard Graham, Peter Andrew.

Who is Warren Edward Buffett

He is known as one of the world's greatest stock market

investors, and is the largest shareholder. He is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is also a noted philanthropist he was listed among Time's 100 Most Influential People in The World. He is the third wealthiest person in the world as of 2011. Buffett's interest in the stock market and investing also dated to his childhood. At the age of 11, he bought three shares.

Cont.
He has become the world's richest person. He has done this though hard work, luck, and a genius mind. He went door to door selling chewing gum, Coca-Cola, or weekly magazines.

Numerous books have been written about Warren Buffett and his investment strategies.

 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. Set goals and make sure people focus on them He bought a small farm at age 14 with savings from delivering newspapers.Encourage your children to start some kind of business 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. Assign the right people to the right jobs

 He still lives in the same small 3-bedroom house in midtown 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.

Don't buy more than what you "really need" and encourage

your children to do and think the same.

He never travels by private jet, although he owns the world's largest private jet company. Always think how you can accomplish things economically

N E W S A N A L Y S I S

HONDA-BRIO

INTRODUCTION
Honda Brio, the latest addition to the Honda's fleet to the Indian Automobile industry. The company is launching the car on celebrations of Navaratri. Honda has pleased the Indians with this awesome machine for

those who love to have value for money.

The initial launch has already taken place in Thailand on March 17th this year. Priced between Rs 3.95 lakh and Rs 5.1 lakh (ex-showroom, Delhi).

COMPETITION
The Brio will compete with the likes of the Hyundai i10, Maruti, WagonR and General Motors Chevrolet Beat, which are priced in a similar range. The car will attract middle class segment people. The car is also very much popular in terms of safety as compared to its competitors.

MANAGEMENT JARGON

 'No Phone Calls Please' Your quality will speak, only when you meet us in person. 'Problem-Solving Skills A Must' Every problem has a solution Call ratios It assumes that the more calls you make the more sales you will win.

 Helicopter view e.g.-The project manager should have a helicopter view and understand how the project fits into the companys general business plan.

C-level
It used to describe high-ranking executive titles within

an organization.