You Can Get Richer Pinching Pennies Like Warren Buffett
Many people have tried to emulate Warren Buffett‘s investment style. More may attempt it as they search for the best investing ideas for 2012. But here’s a more attainable goal: Pinch pennies like the Oracle of Omaha. This might turn out to be a New Year’s resolution you can actually keep. And you’ll be richer for it.
When his first child was born, the famously frugal Buffett turned a dresser drawer into a bassinet. For the second one, he borrowed a crib. While in New York signing up clients to invest six-figure sums with him during the 1960s, he reportedly phoned a friend from New York’s Plaza Hotel to bring over a six-pack of Pepsi so he wouldn’t have to pay for room service. He drove a Volkswagen until his wife decided it was bad for his image and upgraded him to a Cadillac.
Read the whole article at: http://www.forbes.com/sites/deborahljacobs/2012/01/02/you-can-get-rich-pinching-pennies-like-warren-buffett/
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