REFLECTION

The movie that inspired me 

Describe

It was not an action movie or some popular series. It was just a one hour documentary movie about the life of a notable and renowned American investor called Warren Buffet. Warren Edward Buffet, an illustrious and notable investor in the USA. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2011. In 2012. Time named Buffett one of the world's most influential people. 

Interpret 

As one of the most richest investor in the globe, what I expected from him was having luxury bungalows, a few swimming pools or a few Ferrarris. But, what I seen from the video was totally different scenario.Until today, Warren still lives in a small and simple house that he bought 50 years ago for $31000 dollars! Ignoring the billions profit he had made for his entire life, he still remain low profile in his daily life. For an instance, his office still remain the same state after he had working there for 47 years without any expansion or renovation! In terms of food, he admitted he sometimes has chocolate-chip ice cream for breakfast. He also loves Utz Potato  Stix and has said his favorite meal is a cheeseburger with a Cherry Coke. In fact, from the video, what I found out this billionaire enjoys a t-bone set in Gorat’s steak house. In fact, Buffet has a friendly and charming personality especially in terms of socializing with other people.  

When he was young, he was afraid for public speaking so he attended the Dale Carnegie course to brush up his speaking skills. During his 20s, he even went for teaching in a school in finance. With his excellent socializing skills, his employee are impressed and respected him as a true leader. According to his employee, he described Kevin Clayton as a joy to work with. According to Cathy Baron-Tamraz, “He is a master psychologist. He made us feel like when we can do no wrong and that whatever we do is going to be the right decision.” His charming personality is also a critical financial asset which saved his money and time. For example, Buffet bought the Nebraska Furniture Mart from Rose Blumpkin without any lawyer, auditors and any legal procedures. He just bought the company for $ 15 million from that old lady.

Evaluate

From the movie what I saw was a rich man doesn’t necessary to own macro bungalows or luxury supercars. For Buffet, what happiness defined to him is just simplicity as we know that simplicity brings satisfaction which leads to happiness. In my point of view, what is the point owning a billion but we did not share this wealth with other people? Secondly, the most significant for all of us- give back to the society. Buffet gave out $3 billion for the gates foundation in order to help the one in needs. Giving it back to the society will give you the satisfaction you will never know. Life will be meaningful if you know how to share yours to others.

Plan 

In conclusion, we all want to be rich, that’s human’s wants, but always remember besides monetary, what else that cherishes the most in your life? Family? Your love? Friends? For me, I would put my family and friends as my first priority before luxury. At the same time, i would keep pushing  myself to reach my life target that is to be rich in cash and knowledge.