We don't have to be Warren Buffett, but we must be better versions of ourselves

Thomas 2022-04-21 09:03:43

The best gift I have ever received is the father I have had since birth. — Buffett

It is said that parents are the best teachers for their children. Buffett's father used to be a stock trader. I think influenced by his father, this was the first starting point for Buffett to become a stock god.

Another important character in the film is Buffett's wife: Susan. Rumor has it that Buffett's lover was once a waitress, introduced to him by Susan. Susan has not only love, tolerance, understanding and support for Buffett. Her influence on Buffett is also huge. After Susan's death, Buffett's donation to "Linda Gates" was the largest donation in the history of the United States until 2006.

Buffett said at Berkshire's annual meeting in 2009: "Finding the right person to marry will make your life better and change your aspirations and everything", success in the stock market It is not the right stock to choose, but the right wife.

It is said that marriage is the second reincarnation of a woman, and I think the same is true for men.

There are many obvious but not superficial truths in the film, which are suitable for most people. Making money does not require you to be very smart, but requires more patience, and then the self-discipline and concentration that are almost crazy for ordinary people. You'll find this feature equally prominent in Bill Gates' documentaries. Nonstop learning, innovation, daily reading and more.

Buffett tells his rules for making money: "One is not to lose money, and the other is to remember the first rule, don't get emotional about your feelings about stocks"

"His partner Charlie said he was a very rational person, we all know our own moral standards, so we can do better"

I think Buffett has told us the secret to his success, which is "focus." If you also focus on one thing and still have no results, don't worry, you just have a little luck, no matter how difficult the road to realizing your dream is, the end of the road must be a dream come true.

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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.