5. The philosophy
• He will never buy stock in a company and sell
right away like most
• Buy then wait, he will wait forever for the price
to rise
• Never increases salary more than $100,000
because million dollar salaries, in his mind, were
the cause of economic downturns which can be
seen today.
• Openly criticizes and blames all CEOs, CFOs, and
COOs with large salaries and bonuses for the
economic recession
7. Even More Money Than One Could
Ask For
• One day in 1999, Buffett donated 134 million
dollars to a single charity
• 1.5 billion dollars a year to Bill and Melinda
Gates Foundation.