The following is my answer to a Quora
question: “Why
does Warren Edward Buffett live like a poor person?”
I would like to know where you live, if your definition of a poor person is someone who lives in a multi-storey, 610-square-metre house, with five bedrooms, more than two bathrooms, with a garden, and a swimming pool. If that is poor, what is your “rich”?
Warren Edward Buffet lives a modest life, relative to his net worth. That does not mean he lives a poor man’s life. He has a car, and he can get it replaced without a thought. He eats well, whenever he wants. He spends his time with his friends, without concerns about budget, or losing his job. He is comfortable, not ostentatious.
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