Define Warren Buffet Meaning

Finishing in second place. Although not a bad thing, it's still not first. Refers to the money race between bill gates and warren buffet.

Warren Buffet, generally acknowledged as the second richest man in the United States Of America, (after Ryan Seacrest), is the inventor of the all-you-can-eat restaurant concept. Back in the old days--before 1942--this was unheard of, but Buffet perservered through thick and thin and perfected the idea. Today, many restaurants actually use his name when referring to their unlimited offerings.

Buffet thought of the idea while touring India and seeing starving people. "What would make these folks feel really, really bad?" he pondered. The solution was letting them know that people in America can sit down and eat themselves to death anytime they want. "That'll put them Injuns in their place," Buffet stated, not realizing that Indians in India aren't the same ones that go "Woo-Woo" and live in teepees.

a bell and having a servant come over. After he graduated from boarding school and college, he was shocked that the world didn't actually work this way. He joined with his friend and lover Oscar Wilde and deciding to do something about ridding the world of poverty and hunger.

His plan was to simply kill off all the poor and hungry people. Fortunately for them, Buffet checked with his family attorney who advised him against it. "What a terrible police state we live in," Buffet was heard to say when he was told he couldn't simply get rid of lazy, poor, or otherwise useless people.

The Discovery of All You Can Eat

In 1955, Buffet has an epiphany. After he went to the doctor and got that fixed, he started working full-time on his "all you can eat" concept. The idea was simple: charge people a fixed price in advance then sit them down in a huge room with steam tables full of barely-good-enough food.

To make it more profitable, Buffet made the more inexpensive food of better quality than the more expensive offerings, to discourage people from eating too much shrimp and lobster.

Richest Man in the World

Today, every time someone eats in an eponymous "buffet", Warren Buffet makes $0.25. This has made them the richest man in the world. His company, Berkshire Crapaway, has a stock price per share of over US $1Million, making it the most expensive stock on the American Exchange. Buffet personally holds 55% of Berkshire Crapaway's stock.