Bangalore: Warren Buffett, the most successful investor of all time had a tough fight throughout his life to make his way in the market, but he had some consistent principles which became the milestones of this journey of his which led him where he is today. Having started his career as a door to door seller and newspaper boy, today he is known as the 'Oracle of Omaha', the CEO of Berkshire Hathaway.

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently," he says. Let's scrutinize some of his secrets which helped him being success.

1. Simple Living and High Thinking

Though he is the third richest man in the world, but believe it or not he lives a very simple life considering his status. He still lives in a house which he bought long back and likes to dress up in normal clothes.

"I just naturally want to do things that make sense. In my personal life too, I don't care what other rich people are doing. I don't want a 405 foot boat just because someone else has a 400 foot boat," he says.

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