1. Warren Buffett is the second richest man in the world who has donated $31 billion to charity. He still lives modestly in the same house he bought over 50 years ago and follows value investing principles. 2. Buffett encourages children to start businesses and investing early. He still lives frugally and takes the bus, making his own popcorn instead of socializing with the elite. 3. Buffett assigns the right people to jobs and sets clear goals for them, such as not losing money for shareholders. He meets with CEOs of his companies infrequently and is open to new experiences.