No one can be the next Buffett

Yvonne 2022-03-10 08:01:51

The simple life of a well known, hobby professional family friend.

Likes to make money, money is his scoreboard, this is a rare thing for most people, he likes these numbers not like buying anything, and for us ordinary people, money is a luxury thing, we make money Unhappy, just spend money to be happy, so it is really difficult to understand his mentality, we are too heavy on the gains and losses.

His wife had a deep influence on him, which made me think more about my love life. My partner must be someone I like, and someone who can support and walk together. You understand me, I understand You are more important.

Focus, patience, reading, and compound interest are the things he taught us.

don't lose money
interest is important
focus
your environment

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Extended Reading

Becoming Warren Buffett quotes

  • Howard Buffett: When he wrote the letter to us, he put something in that letter that was incredibly important to me, which was exactly how our foundation behaves, which is, if you're gonna try to bat a thousand, you won't do very many things that are important. But if you're willing to basically strike out a few times, you can really change something big.

  • Warren Buffett: In my entire lifetime, everything that I've spent will be quite a bit less than one percent of everything I've made. The other 99% plus will go to others, because it has no utility to me.