Warren Buffett says that although the first foot he placed on Indian soil was in Bangalore, it won't be the last
Warren Buffett says that although the first foot he placed on Indian soil was in Bangalore, it won't be the last
Indian hospitality today received a strong endorsement from the world's third richest man, Warren Buffett, who said he was treated much better here than back in the US. "I am overwhelmed by the welcome I have received from the moment we got here. They treat me much better in India than they do in the United States," said the Chairman and CEO of Berkshire Hathaway at a brief meeting with Chief Minister B S Yeddyurappa.
Foreign Warren:u00a0 Chief Minister B S Yeddyurappa greets Warren
Buffett at a function that was held in the city yesterday. Pic /Ramesh HS
"I want to transport all this... I believe in free trade," he said in a lighter vein. "We had a great dinner last night... I met some very interesting people, had a great conversation. I couldn't feel more welcome and more delighted to be here," said Buffett.
"This is my first trip to India and the first foot I placed on Indian soil was in Bangalore... and it won't be the last," said the 80-year-old billionaire. "When I come back, I will be 100 in 2030," he joked, but quickly added that he planned to come back much before that and was hopeful of seeing business expand here by then. "We want to be where the action is and the action is here," Buffett said.
I want to beu00a0a millionnaire
Some milestones in the Buffett saga that show when it came to making money; he had a flair for it, even before he even hit his teens.u00a0
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* Warren Edward Buffett was born on August 30, 1930 to parents Howard and Leila Buffett in Nebraska. Nebraska is in the centre of the USA.u00a0u00a0u00a0u00a0u00a0
* Reports state that Buffett showed acumen for business even before he became a teenager. He was only 11 when he bought his first stock and bought six shares (three for his sister and three for himself) at the cost of $38 per share. He sold his share when it climbed to $40 a share.
* This too has gone down into Warren lore. Buffett had declared to a family friend that he would be a millionaire by the time he turned 30, or he would jump off the tallest building in Omaha, a city in Nebraska State. Incidentally, he is known as the Oracle of Omaha.
* He talks about keen, sharp interest in accumulating wealth earlyu00a0-- from setting up pinball machines in barber shops, making it into a business by the time he was in his teens to investing his savings in farmland by the time he was 14.u00a0
* He also delivered newspapers to make money to invest in stocks.u00a0
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