The world has changed quite a lot in the last few years ad the buying habits of customers have transformed due to globalization. Telephones, mobile phones were once seen as just a mode of communication but now they have replaced so many devices. All this happened due to the growth of smartphones and the Internet. Yes, internet has opened the gates for so many new professions for the young generation, but they are addictive that children are not able to concentrate on other aspects of life.
Talking about the changing world, Warren Buffett has seen all type of days. He started investing at such a young age and now is one of the richest people present on Earth. We all know that simple lifestyle is something that he still practices.
Talking about his investments, he picks companies with long term benefits like Coca-Cola and Kraft Heinz. Also, he is a major investor in Apple as Berkshire Hathaway owns 5.5 percent shares of the tech giant. But there’s one irony that we are sharing today; Warren is not familiar with an iPhone. Yes, he doesn’t prefer using Apple’s iPhone and still has in stock a vintage version, which will surprise many.
He owns a flip phone from Samsung which is the same model available on eBay for $30. Buffet recently showed his Samsung SCH-U320 wittily by saying that Alexander Graham Bell lent it to him and incidentally forgot to took it back.
Also Read: Warren Buffett Lessons That Can Help To Be Good At Business and Marketing
He was at the Gatehouse’s Hands Up for Success Luncheon, when he bragged about his vintage companion. He told that though he has an iPhone X he is still not using it. He even mentioned that the person who delivered was a nice fellow and explained it to him as if he was a three-year-old.
Lastly, he mentioned how why he believes in Apple for its ‘position in consumers’ minds’ and also because of the ‘tech ecosystem’ the company created.