Becoming Warren Buffett

Eli 2022-04-23 07:05:13

1. Don't set limits on life: He said that women are influenced by social culture, and it is easy to say what their limits are, and the possibility of life is limited. But he doesn't think so about his life, he says sky is my limit, making money/achievements is more like a scoreboard.

2. Compound interest is the eighth wonder of the world: be patient; do not underestimate the power of persistence; keep the habit of reading; wealth is like a "snowball", the important thing is to find very wet snow and long slopes; This "more and more" "compounding" thinking may also apply to life, Buffett believes, "Love is a very strange thing, you can't control it. If you have love for people, you will get more love; if you hold on tight, you will lose it."

3. Focus.

4. Wake up in the morning looking forward to the day. "You're really looking forward to the day. I mean, you'll jump out of bed in the morning and life is wonderful then." "You don't want to sleepwalk through life. The world is a great movie to watch ."

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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.