Lessons from Warren Buffet
by blogrdocBelow are some gems that I picked out from an interview with Warren Buffet, the Oracle of Nebraska. Not sure if it’s true, but I’ve heard that this multibillionaire ( third * richest man in the world) still lives in his home of 35 years for which he paid $35,000.
He recognizes unrecognized value, and when others catch on - that’s exactly when he sells.
As a person who embraces paradox and is, indeed, a paradox himself, he is one of my heroes.
As Bertrand Russell says, “Success is getting what you want, happiness is wanting what you get.” …. We’re all successful, intelligent, educated. To focus on what you don’t have is a terrible mistake. With the gifts all of us have, if you are unhappy, it’s your own fault.
I think the best way to stimulate the economy is to give money to the poor. They will spend it. Don’t give it to guys like me.
The most powerful force in the world is unconditional love. To horde it is a terrible mistake in life. The more you try to give it away, the more you get it back.
Out of school I offered to work for Graham for free and he said I was overpriced. I tried to be useful and visible to him. I gave him stock tips and kept up with him. Almost always good things come from good behavior. Don’t keep score in life.
I’m not disciplined. I just naturally want to do things that make sense.
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