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Warren Buffett, CEO of Berkshire Hathaway, stated in his November 2024 shareholder letter that accumulating large amounts of money does not lead to greatness. He highlighted the value of kindness and treating others with respect. Buffett maintains a modest lifestyle, including living in a home purchased for $31,500 in 1958 and eating at McDonald's.
Substrate placeholder — needs reviewpromotes the principle of treating all people with kindness and respect, regardless of their position.
He stated that helping others in various ways contributes to the world and that kindness has no cost but is invaluable. Buffett referenced the Golden Rule as a guide for behavior and noted that individuals such as cleaning staff deserve the same consideration as executives.
Buffett applies his philosophy to daily habits, such as eating at McDonald's. He typically orders items like two sausage patties, an egg and cheese, or a bacon egg and cheese, each costing less than $4. He uses coupons for meals under $4.
Buffett has expressed satisfaction with his home, stating he would not trade it for anything due to the memories of raising his children there. He avoids luxury purchases that align with his wealth. Buffett's approach underscores his focus on non-material aspects of life.
This coverage draws from Buffett's shareholder letter and public statements reported by Fortune.
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