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Born on December 15, 1832 in Dijon, Gustave Eiffel was an exceptionally gifted engineer and builder. He graduated from the prestigious Ecole Centrale de Paris. His extraordinary career was marked in 1876 by the construction of the Maria Pia bridge over the River Douro in Portugal, then by that of the Garabit Viaduct in central France in 1884 and Budapest station in Hungary. He was responsible for the metal structures of the Bon Marché department store and the Crédit Lyonnais bank in Paris, the cupola of the Nice observatory, and, above all, the very impressive internal structure of the Statue of Liberty. The construction of the Eiffel Tower in 1889 was his crowning achievement. His career as an entrepreneur would come to an end with the failure of the Panama Canal project. From then on, he devoted his time to operating the Tower and to various experiments in air resistance, the observation of meteorology and especially the installation of a giant antenna for the earliest radio broadcasts. Indeed, it is because of these experiments that the Eiffel Tower is still standing, since it was initially built to last 20 years!
1832 - Born in Dijon on December 15 to François-Alexandre Eiffel and Catherine Mélanie Moneuse. • 1843 - His early childhood is spent with his maternalgrandmother and at school at the Lycée in Dijon where he passed his baccalaureate. • 1850 - He enrols at the Paris college of Sainte-Barbe to prepare his entrance exam to Polytechnique. Having failed the exam, he signs on at École Centrale where he chooses to study chemistry. • 1855 - He successfully obtains his diploma from École Centrale and embarks on a career in metallurgy, where his mother has some contacts. • 1856 - He is recruited by Charles Nepveu, a builder of steammachines and equipment for the railways. • 1857 - He is appointed head of the design department atPauwels & Cie. • 1858-1860 - Construction of the Bordeaux bridge. • 1860 - Marries Marie Gaudelet on July 8. • 1863 - Birth of his daughter Claire. The couple will have two more daughters and two sons. • 1867 - Having been a self-employed consultant engineer for a year, he starts his own company. • 1868-1871 - Construction of a viaduct on the Commentry-Gannat line. • 1871-1873 - Various projects in Spain, Portugal, Romania, Egypt and Latin America, the viaducts of the Brive-Tulle line, and the Thouars Viaduct. 1875 - The Western Station in Budapest. • 1876 - The Maria-Pia bridge in Portugal and numerous construction projects for the Universal Exhibition of 1878. • 1877 - Death of his wife, then of his mother. • 1879 - Viana and Beira-Alta bridges in Portugal. • 1880 - Szeged bridge in Hungary. • 1880-1884 - Construction of the Garabit Viaduct. • 1882 - The Cubzac bridge and the exporting of bridges that can be dismantled in Indochina. • 1883 - Viaduct over the Tardes. • 1884 - Observatory of Nice, grand equatorial cupola. • 1885 - Internal structure of the Statue of Liberty. • 1887 - Work starts on “the 300-metre high tower”. Contract for the Panama Canal. • 1889 - The Tower is completed. Opening of the Universal Exhibition. • 1890-1895 - Involved in the Panama Canal corruption scandal, he is at first condemned by the Paris Appeals Court but the verdict is overruled and the builder is cleared of all wrongdoing. Gustave Eiffel withdraws from the company to devote his time to his scientific work. • 1909 - Designed an aeronautics laboratory near the Champde-Mars, in Paris and experiments with detent apparatus. • 1912 - Construction on Rue Boileau in Paris of the first wind tunnel. • 1923 - Death of Gustave Eiffel on December 27.
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• You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.
• We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
• When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
• Wide diversification is only required when investors do not understand what they are doing.
• Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
• Never invest in a business you cannot understand.
• Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.
• Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
• (When speaking of managers and executive compensation) The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
• The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
• Risk can be greatly reduced by concentrating on only a few holdings.
• Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.
• Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
• Buy companies with strong histories of profitability and with a dominant business franchise.
• Be fearful when others are greedy and greedy only when others are fearful. • It is optimism that is the enemy of the rational buyer. • As far as you are concerned, the stock market does not exist. Ignore it. • The ability to say "no" is a tremendous advantage for an investor. • Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
• Lethargy, bordering on sloth should remain the cornerstone of an investment style. • An investor should act as though he had a lifetime decision card with just twenty punches on it. • Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns of the company they own.
• As a group, lemmings have a rotten image, but no individual lemming has ever received bad press. • An investor needs to do very few things right as long as he or she avoids big mistakes. • "Turn-arounds" seldom turn. • Is management rational? • Is management candid with the shareholders? • Does management resist the institutional imperative? • Do not take yearly results too seriously. Instead, focus on four or five-year averages.
• Focus on return on equity, not earnings per share. • Calculate "owner earnings" to get a true reflection of value. • Look for companies with high profit margins. • Growth and value investing are joined at the hip. • The advice "you never go broke taking a profit" is foolish. • It is more important to say "no" to an opportunity, than to say "yes". • Always invest for the long term. • Does the business have favourable long term prospects? • It is not necessary to do extraordinary things to get extraordinary results. • Remember that the stock market is manic-depressive. • Buy a business, don't rent stocks. • Does the business have a consistent operating history?
• An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.
Stay away from credit cards and invest in yourself.
Money doesn’t create man but it is man who created money
Live your life as simple as you are.
Don’t do what others say, listen to them and do what you feel good.
Don’t go by brand name, just wear those things in which you feel comfortable
Top 10 investing facts by Warren Buffet
10. "A ham sandwich could run Coca-Cola." Believe it or not, that's a compliment to Coke. It speaks to why it's Berkshire Hathaway's biggest stock holding. As Peter Lynch put it, "Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it."
9. Margin of safety As with many of his most beloved tenets, Buffett got this one from his mentor, Benjamin Graham. A margin of safety simply means buying in at a price well below your best estimate for a stock's intrinsic value.
In other words, don't just buy popular names like McDonald's (NYSE: MCD) and UPS (NYSE: UPS) because they are great companies with seemingly strong moats (McDonald's brand and UPS's logistics network are difficult for new competitors to match ... more on moats later). Go the extra step, and only buy them when they are great companies selling for good to great prices.
If you're wondering, neither McDonald's nor UPS gets me super-excited at current price multiples (14 times forward earnings for McDonald's and 18 times for UPS), but neither strikes me as wildly over-valued, either, based on their quality of earnings and likely ability to grow said earnings conservatively. Fairly priced stocks are fine, but we're looking for a margin of safety.
8. The concept of inner scorecard vs. outer scorecard "If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?"
Those who answer the latter have an inner scorecard. They'll have the ability to be a true contrarian, ignoring the world's judgment and focusing on long-term results.
7. Don't fall into the false precision trap "We like things that you don't have to carry out to three decimal places. If you have to carry them out to three decimal places, they're not good ideas."
It's important to keep the big picture in mind. A 20-tab Excel model that calculates a company's value on a discounted cash-flow basis is useless unless you understand the business enough to feed in good assumptions. When Buffett made a killing on PetroChina (NYSE: PTR) earlier in the decade, the mispricing was so obvious that his only due diligence was reading its annual report (sorry, investors, the magnitude of that mispricing is long gone as he sold out his position in 2007 because of valuation concerns ... the stock isn't much lower than those levels currently). Not recommended for mere mortals, but you see his point.
6. A stock is the right to own a little piece of a business Another Graham idea. We frequently divorce a stock from its underlying company, especially when Mr. Market is delivering up a volatile stock price. Remember, though, that in the long run, a stock is only as good as the company backing it up. Kind of like how a promise is only as good as the person making it.
5. "Intensity is the price of excellence" When asked what the most important key to his success was, Buffett answered, "Focus." Microsoft founder Bill Gates answered the same way.
Buffett reached his current heights not only because of his brilliant mind, but also because of a focus that has had him analyzing stocks for hours on end, just about every day, for decades.
The takeaway for armchair investors is to stick to buying and holding index funds and ETFs, unless you have the time to dedicate to individual stock picking. Even then, indexing should be the core of most portfolios.
4. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." Remembering the Buffett concept of an inner scorecard, and the Rudyard Kipling admonition to "keep your head when all about you are losing theirs," can lead to outsize returns as Mr. Market sways back and forth.
3. "Leverage is the only way a smart guy can go broke." Debt is dangerous. That's why you can have banks rife with Harvard MBAs (hello, Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM), I see your balance sheets that still rely heavily on short-term debt) that are always a few days away from bankruptcy via a crisis in confidence. See also: Lehman Brothers.
For regular investors, buying stock on margin replicates this risk. Don't do it.
2. The concept of a "moat" Buffett looks for companies with moats, or sustainable competitive advantages. The strength of Coca-Cola's moat (its brand) is why he believes a ham sandwich could run it. The stronger a company's moat, the more likely it will be a leader for decades rather than years.
For examples, see some of the other companies Berkshire Hathaway owns a significant stake in: Kraft (NYSE: KFT), GEICO, Procter & Gamble (NYSE: PG), and Wells Fargo. In terms of competitive advantages, Kraft and P&G rely on branding, GEICO provides customers with rock-bottom prices by eliminating insurance agents, and Wells Fargo is able to consistently beat other big banks on net interest margin.
1.The Snowball Buffett's definitive biography, "The Snowball," is titled so because it sums up his life in two words. Over everything else, Buffett believes in the power of patiently compounding over time. In investing, that means starting as early as possible (he started as a pre-teen), avoiding short-term risks even if it means lower possible returns (rule No. 1: never lose money), and letting investing returns build upon themselves.
There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion (85% of his fortune) to charity.
Here are some very interesting aspects of his life:
1) Warren bought his first share at age 11 and he now regrets that he started too late!
2) He bought a small farm at age 14 with savings from delivering newspapers.
3) He still lives in the same small 3 bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
4) He drives his own car everywhere and does not have a driver or security people around him.
5) He never travels by private jet, although he owns the world's largest private jet company.
6) His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis.
7) Warren Buffet has given his CEO's only two rules.
Rule number 1: Do not lose any of your share holder's money.
Rule number 2: Do not forget rule number 1.
8) He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch television.
9) Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
10) Warren Buffet does not carry a cell phone, nor has a computer on his desk.
11) His advice to young people: Stay away from credit cards and invest in yourself
Warren Buffet(79 Years Old) was born in Nebraska, OmahaUSA on the 30th of August in 1930.. He is considered one of the most successful investors of all time and has picked up the nickname of the "Oracle of Omaha". Or"Sage of Omaha
He is Chairman of the Board and Chief Executive Officer, Berkshire Hathaway Inc.(a Holding Company of See's Candy Shops, Inc.),since 1970. He is also a director of The Washington Post Company and until February 2006, he was also a director of The Coca-Cola Company.
Warren Edward Buffett is an American investor, businessman, and philanthropist. Buffett is also a notable philanthropist, having pledged to give away 85 percent of his fortune to the Gates Foundation. He also serves as a member of the board of trustees at GrinnellCollege. Warren Buffett currently is third on the list of the world's richest people.
Buffett was born to Leila and Howard Buffett and was the second of three children, he being the only boy. Buffett's father, Howard was a stockbroker and also became a member of congress. Warren Buffett showed early signs of being entrepreneurial through being involved in various business dealings as a child, including purchasing bottles of cola cheaply and selling them for a profit. He also made his first investment in the stock market when he was just 11 years old.
Buffett began studying at the Wharton School of Finance at the University of Pennsylvania, but transferred to the University of Nebraska where he graduated. He then went on to the ColumbiaUniversity to do a Masters in economics. This was where he met the influential value investor Benjamin Graham.
The young investor was very influenced by Benjamin Graham and went to work for him in his company "Graham-Newman". It was here that Warren Buffett developed many of his stock market investing skills that have now become legendary. Graham developed a method where investors could work out the intrinsic value of a company and make intelligent investing decisions by comparing the stock price to the intrinsic value.
Warren Buffett's Berkshire Berkshire Hathaway After Graham's retirement, Buffett returned to Omaha and began a limited investing fund partnership with a group of friends, family and associates. The "Buffett Partnerships Ltd" fund racked up amazing returns for its investors over a ten year period, with returns 10 times higher than the Dow Jones Industrial average for the same time. Buffett liquidated the fund and took control of the textile company Berkshire Hathaway.
It was a difficult time for the textile industry and Buffett eventually wound up Berkshire Hathaway's textile activities, but kept the name for Buffett's portfolio of companies and investments. The insurance industry was the first major area of success that Berkshire Hathaway had, with the funds used to acquire carefully selected investments each year. Major undervalued companies that Buffett took advantage of included "American Express", "Coca-Cola" "The Washington Post" and "Gillette". Berkshire Hathaway owns large holdings of each of the above major brand companies (more than 5% each).
Selected Berkshire subsidiary companies include:
Borsheim's Fine Jewelry
Acme Brick Company
Buffalo NEWS, BuffaloNY
ClaytonHomes
Fruit of the Loom
GEICO Direct Auto Insurance
General Re
Helzberg Diamonds
Nebraska Furniture Mart
The Pampered Chef
See's Candies
United States Liability Insurance Group
Warren Buffett lives with his long time partner Astrid Menks in Omaha, USA. He was married to Susan Thompson up until her death from stroke in July 2004, but the couple were separated in 1977. They chose not to divorce and remained good friends and business associates. Buffett's late wife was set to inherit much of his fortune upon his death.
At age 13, Buffett filed his first income tax return, deducting his bicycle as a work expense for $35.
Buffett married Susan Thompson in 1952. They had three children, Susie, Howard, and Peter. The couple began living separately in 1977, though they remained married until her death in July 2004. His daughter Susie lives in Omaha and does charitable work through the Susan A. Buffett Foundation and is a national board member of Girls, Inc.
On his 76th birthday Buffett married his longtime companion, Astrid Menks, who had lived with him since his wife's departure. Interestingly, it was Susan Buffett who arranged for the two to meet before she left Omaha to pursue her singing career. All three were close, and holiday cards to friends were signed "Warren, Susie and Astrid" (as per Roger Lowenstein's book, Buffett: The Making of an American Capitalist). Susan Buffett briefly discussed this relationship in an interview on the Charlie Rose Show shortly before her death, in a rare glimpse into Buffett's personal life.
Buffett is an avid player of the card game bridge. He has said that he spends 12 hours a week playing bridge.He often plays with Bill Gates and Paul Allen.
Buffett's favorite place to eat is Gorat's Steak House in Omaha, where he favors the T-bone steak (cooked rare), a double order of hash browns, and Cherry Coke. According to U.S. News and World Report, he drinks about five Cherry Cokes a day. He used to drive a 2001 Lincoln Town Car which he auctioned on eBay to raise money for Girls Inc.He currently drives a Cadillac DTS.
In 1956, at age 25, Buffett's personal savings were over $140,000.
In December 2006 it was reported that Mr. Buffett did not carry a cell phone, did not have a computer at his desk, and drover his own car. However, in May 2007 Richard Santulli, CEO and Chairman of NetJets, stated on the Nightly Business Report that Mr. Buffett now uses a cell phone, however he still does not use email.
Buffett's DNA report revealed that he is not related to the singer Jimmy Buffett and that his paternal ancestors hail from northern Scandinavia, while his mother's side most likely has roots in Iberia or Estonia.
In 2006, he announced a plan to give away his fortune to charity, with 83% of it going to the Bill & Melinda Gates Foundation. The donation will amount to approximately $30 billion, at the time of the announcement enough to more than double the size of the foundation.
At age 13, Buffett filed his first income tax return, deducting his bicycle as a work expense for $35.
Buffett married Susan Thompson in 1952. They had three children, Susie, Howard, and Peter. The couple began living separately in 1977, though they remained married until her death in July 2004. His daughter Susie lives in Omaha and does charitable work through the Susan A. Buffett Foundation and is a national board member of Girls, Inc.
On his 76th birthday Buffett married his longtime companion, Astrid Menks, who had lived with him since his wife's departure. Interestingly, it was Susan Buffett who arranged for the two to meet before she left Omaha to pursue her singing career. All three were close, and holiday cards to friends were signed "Warren, Susie and Astrid" (as per Roger Lowenstein's book, Buffett: The Making of an American Capitalist). Susan Buffett briefly discussed this relationship in an interview on the Charlie Rose Show shortly before her death, in a rare glimpse into Buffett's personal life.
Buffett is an avid player of the card game bridge. He has said that he spends 12 hours a week playing bridge.He often plays with Bill Gates and Paul Allen.
Buffett's favorite place to eat is Gorat's Steak House in Omaha, where he favors the T-bone steak (cooked rare), a double order of hash browns, and Cherry Coke. According to U.S. News and World Report, he drinks about five Cherry Cokes a day. He used to drive a 2001 Lincoln Town Car which he auctioned on eBay to raise money for Girls Inc.He currently drives a Cadillac DTS.
In 1956, at age 25, Buffett's personal savings were over $140,000.
In December 2006 it was reported that Mr. Buffett did not carry a cell phone, did not have a computer at his desk, and drover his own car. However, in May 2007 Richard Santulli, CEO and Chairman of NetJets, stated on the Nightly Business Report that Mr. Buffett now uses a cell phone, however he still does not use email.
Buffett's DNA report revealed that he is not related to the singer Jimmy Buffett and that his paternal ancestors hail from northern Scandinavia, while his mother's side most likely has roots in Iberia or Estonia.
In 2006, he announced a plan to give away his fortune to charity, with 83% of it going to the Bill & Melinda Gates Foundation. The donation will amount to approximately $30 billion, at the time of the announcement enough to more than double the size of the foundation.
All of us are subject to possessing discrepancies in what we do, who we are and in what we achieve. These are qualities that are looked down upon, as they are not visible in those people who have some kind of outstanding abilities in them. The reality however is that the great among us, posses these discrepancies at an even excessive scale. Steve Jobs is no different, whether it was the time he forced his parents to move just so he could get into a different high school, to when he chose to keep some of his friends out of the Apple IPO because he didn't trust them. This man was thrown out of the company that he founded only to be pleaded back in, and later titled as Fortune Magazine's 'Influential businessman on earth'. He reshaped three different industries and even in his early fifties seems to be just starting out. How much of Steve Jobs do you really know? We are proud to present
The TOP 10 Little known facts about Steve jobs
10 Steve Jobs, who is deeply spiritual, wanted to study and experience spiritualism and existentialism in India. He wanted to visit the Neem Karoli Baba at his Kainchi Ashram. He set out to India in 1974 along with his best friend from REED, Dan Kottke. On reaching India, they learnt that the man they were looking for had died
9 Steve on his return to Apple in 1996 was feared in the company for his now infamous elevator brief ups and subsequent firings of low performing employees.
8 Steve commands a salary of just $1; he is estimated to be worth over $5.4 Billion.
7 When Apple II, launched with the most innovative GUI of the time, Steve aged 25, became one of the youngest millionaires of his time.
6 Steve Jobs is a Buddhist and a vegetarian.
5 Steve like his rival Bill Gates was once known to be arrogant and commanding, and was even called a leading Egomaniac by Fortune magazine. After which he was thrown out of Apple in his 30s, he later found that parenthood calmed him into being wiser with life.
4 Atari was making a game called Breakout, which was released in 1976 at that time Steve Wozniak was a 25-year-old and Jobs was just 20. Atari had offered US$100 for each chip that was reduced in the machine. Jobs had little interest or knowledge in circuit board design and made a deal with Wozniak to split the bonus evenly between them if Wozniak could minimize the number of chips. Much to the amazement of Atari, Wozniak reduced the number of chips by 50, a design so tight that it was impossible to reproduce on an assembly line. At the time, Jobs told Wozniak that Atari had only given them US$600 (instead of the actual US$5000) and that Wozniak's share was thus US$300.
3 Steve Jobs had dropped out of college but he continued attending calligraphy classes at Reed, He is noted to have said, "If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts,"
2 Steve Jobs was the first-born child of Joanne Carole Schieble and a Syrian father Abdulfattah Jandali, He was adopted by Clara, and Paul Jobs, a middle-class American couple who struggled to make ends meet. Steve is very annoyed when they are addressed as his adoptive parents, he refutes by saying "They were my parents"
1 Steve Jobs did not know he had a sister from his actual parents until he was an adult even though they both grew up in California. His sister is Mona Simpson, an accomplished novelist and essayist. Through his sister, Steve even located his mother Joanne Simpson, after which he always included her in family gatherings or important events. When asked whom he admired the most as CEO Bill Gates said, "In terms of an inspirational leader, Steve Jobs is really the best I have ever met." The answer to the question who are you? Could be answered by saying I Pod I Tunes and I Phone, therefore i am. Bravo Steve Jobs here's to many more achievements and extraordinary breakthroughs.
Listed below are few of the interesting facts which you din't knew about THE TECH CZAR - STEVE JOBS (Co-Founder OF APPLE INC.) Fact #1 Steve Jobs has Syrian roots. After his birth in San Francisco to an American woman and a Syrian man he was given up for Adoption.
Fact #2 Atari and HP Turned Jobs Down. Atari and Hewlett-Packard both turned down start-up funding requests from Jobs in the day:.So we went to Atari and said, ‘Hey, we’ve got this amazing thing, even built with some of your parts, and what do you think about funding us? Or we’ll give it to you. We just want to do it. Pay our salary, we’ll come work for you.’ And they said, ‘No.’ So then we went to Hewlett-Packard, and they said, ‘Hey, we don’t need you. You haven’t got through college yet.’
Fact #3 Jobs likes Bill Gates When interviewed live with Bill Gates Steve Jobs made friendly comments on their relationship referencing their long term “marriage” "In terms of an inspirational leader, Steve Jobs is really the best I have ever met," said former Microsoft Chairman and Chief Architect, Bill Gates in January 1998 when asked to name the CEO he most admired. "He's got a belief in excellence of products. He's able to communicate that," said Gates.
Fact #4 Jobs was a fruitarian
The name Apple was chosen because Apples were Steves favourite food at the time. According to Jim Carlton, author of 'Apple: The Inside Story of Intrigue, Egomania, and Business Blunders', Steve Jobs chose the name Apple for his company because he admired Beatles' Apple Records. Beatles first began using an image of a Green Granny Smith apple on their recordings in the late 1960s. Apple's logo shows an image of the fruit with a bite taken out of it. The choice led to a legal battle with Beatle's Apple Corp. Apple Corps is owned by Beatle band members Paul McCartney and Ringo Starr and John Lennon's widow Yoko Ono. The two sides settled the dispute in February 2007.
Fact #5 He’s not dead Bloomberg Bloomberg mistakenly published his 17 page obituary (29-08-2008 ) briefly before the mistake was rectified.
Fact #6 He’s an ex Hippie In his informative years Jobs travelled to India. Barefoot and threadbare he spent some months on the hippie trail in India, ’60s style.
Fact #7 Jobs paid $10m for Pixar
Mr Jobs purchased the computer division of Lucasfilm (of Starwars fame) in 1986 for $10 million and incorporated it independently as Pixar. Later Disney bought Pixar for $7.5 billion
Fact #8 His catchphrases are…-:
He favorite catch phrases are: “Un-be-lievable”; “Mere mortals”; “It’s huge” & “Wouldn’t it be great”. He tells the story and sells the dream, this character trait is common amongst successful entrepreneurs.
Fact #9 He’s got huge feet
Steve has big feet, size 14 big. Perhaps he went barefoot in India because he couldn’t find any oversize shoes!
Fact #10 $1: Steves annual salary
As the Chairman and CEO of Apple Computers, he pays himself an annual salary of $1 per year. His compensation came to spotlight when the company gifted him a Gulfstream airplane in 2001. He was awarded 10 million shares of restricted stock in 2003.
Fact #11 Lazy parking habits
Some people are obsessionalabout catching Steve parking in Handicap spaces. Steve, you may have changed the world with your computers but you still can’t illegally park!
Steven Paul Jobs, the co-founder, chairman and CEO of Apple Inc. Born on February 24, 1955, in San Francisco, Steve was adopted by Justin and Clara Jobs of California. His adoptive parents named him as Steve Paul. He was a student of the Cupertino Junior High School and Homestead High School in California. During his years of schooling, Steve used to attend after-school lectures at the Hewlett-Packard Company, which fetched him a summer job in the company. Here he got the opportunity to work with Steve Wozniak, the cofounder of Apple Inc, later to be.
In 1991, Steve Jobs married Laurene Powell and they later had three children.
After graduating from high school, Steve was admitted to the Reed College in Portland, from which he dropped out and took up a course in calligraphy. Calligraphy, seeming to be of no use in a career in computers, later turned out being the most important factor responsible for the development of fonts.
In 1984, Jobs purchased a 14-bedroom Spanish Colonial mansion, which he inhabited for around ten years. Reports say that he had kept an old BMW in the living room of this magnificent apartment he owned.
Job's Professional life-:
In 1976, Steve Jobs in collaboration with Stephen Wozniak, a former electronics hacker, founded Apple and a success story had begun! They were funded by A.C. "Mike" Markkula. With the effective words, which said, "Do you want to spend the rest of your life selling sugared water to children, or do you want a chance to change the world?" Jobs managed to attract John Sculley, who was previously working with Pepsi-Cola, to be the CEO of Apple.
January 24, 1984 was the day that marked the introduction of Macintosh, which went up to become the first commercially used small computer with a GUI.
Later, during the same year, Jobs' relations with Scully worsened and Jobs had to receive one of the greatest blows of his life, a lay-off from Apple! But he was Steve Jobs, not the one to lose hope so easily. He went on to found NeXt Computer, a computer company that was highly experimental and technologically advanced. The NeXt workstation had a built-in Ethernet port; it supported embedded graphics and proved being a step towards personal computing.
In 1996, Apple came forward to buy NeXt, thus resulting in Jobs returning to Apple. At the 2000 MacWorld Expo, Jobs became the permanent CEO of Apple. From then on, there was no looking back. He is the winner of many awards, the most prominent of them being the National Medal of Technology from the President. He is also inducted to the California Hall of Fame. While facing criticism from some sectors of industry, he continued being one of the admired figures in the sphere of technology. Steve Jobs remains being one of the icons of the computer industry
Something important abt JOBS--:
In the late 1970s, Jobs, with Apple co-founder Steve Wozniak, Mike Markkula,[10] and others, designed, developed, and marketed some of the first commercially successful lines of personal computers, the Apple II series and later, the Macintosh. In the early 1980s, Jobs was among the first to see thecommercial potential of the mouse-driven graphical user interface.[11][12] After losing a power struggle with the board of directors in 1985,[13][14] Jobs resigned from Apple and founded NeXT, a computer platform development company specializing in the higher education and business markets. NeXT's subsequent 1997 buyout by Apple Computer Inc. brought Jobs back to the company he co-founded, and he has served as its CEO since then. In 1986, he acquired the computer graphics division of Lucasfilm Ltd which was spun off as Pixar Animation Studios.[15] He remained CEO and majority shareholder until its acquisition by the Walt Disney Company in 2006.[2] Jobs is currently a member of Walt Disney Company's Board of Directors.[16][17] Jobs' history in business has contributed much to the symbolic image of the idiosyncratic, individualistic Silicon Valley entrepreneur, emphasizing the importance of design and understanding the crucial role aesthetics play in public appeal. His work driving forward the development of products that are both functional and elegant has earned him a devoted following.[18] Beginning in mid-January 2009, Jobs took a five-month leave of absence from Apple to undergo aliver transplant.[19] Jobs officially resumed his role as CEO of Apple on June 29, 2009
Jobs' biggest coup came in May 1998, when he unveiled iMac. iMac combined computer and monitor into a single unit. A stunning success, iMac helped revive Apple sales and remains one of the biggest money makers. In 2007, Mac accounted for 43 per cent of the company's revenue.
In October 2001, Apple unveiled its first iPod, the digital music player further galvanised the company's position in the market. The portable music players continue to dominate the global market.
In January 2007, Steve Jobs introduced iPhone, Apple's state-of-the-art mobile phone. With iPod and its accessories, Apple TV and the iPhone, it became clear that Apple is no longer a mere computer company. Hence, went the term `Computer' from its official name. On January 7th, 2007, Jobs announced that Apple Computer Inc has become Apple Inc.
Apple iPhone hit the market in June 2007. The device got updated this year and has been introduced in 22 countries across the globe. The second-generation iPhone runs on 3G network and supports business email system.
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I am a guy who wants to get the most out of this life by using all the technologies including jugaad technology as well as learning knowledge technology ..i dream high as every individual does but the most important i have is the power of turning my dreams into reality.
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