Buffett just keeps doing what he is good at and loves

Franco 2022-04-21 09:03:43

From this documentary, I have extracted several qualities of Buffett

1. Sensitive to numbers

2, a lot of reading, 5-6 hours a day.

  • He got into investing by reading books in his father's office
  • After he was rejected by Harvard, he wrote to Dodd and became a student of Graham, also because he had read their books

3. I have had a dream since I was a child, and aspire to be a billionaire before the age of 30. 4. The unity of knowledge and action. I read a lot. It is useless if I don’t act. One Hundred Ways" 5. Dale Carnegie's speech training class is in Buffett's office. He does not have a Columbia diploma, but a small Carnegie training certificate. He was afraid of speeches. When he read the newspaper, he saw Carnegie's class. He said that this training class changed his life.

6. Focus

  • Focus on reading and thinking
  • Focus on your field

7. Family and friends

  • He has a father whom he admires, and his father accompanies him to grow up in an encouraging way
  • Excellent and like-minded partner: Charlie Munger
  • have a wife who understands him

8. I love my career very much

9. He likes a simple and familiar working environment and living environment, without any spiritual internal friction

To sum up, I think that being able to achieve the ultimate in an industry requires the right time and place: talent + love + support and understanding from family and friends + continuous improvement

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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.