Goldfish Memories - Notes

Martine 2022-04-23 07:05:13

The title "Becoming Buffett" is not to become a millionaire, but to become someone who thinks like him, because it is difficult to copy (the father was a stock trader, born with a sensitivity to numbers, can get high marks without studying, etc.). At the end of the documentary, it is quite a bit of high-level whitewashing. However, some chicken soup Notes can still be recorded here. Goldfish's memory again (in fact, some spark points were seen, and now I have forgotten a lot...). 1. Quality/Quality: Genius is always alone and isolated, never worrying about what others think of you. Have a moat around him. A loner in a sense. Even his wife. Stay close physically, but not means mentally close. Very connected when he was open to connecting. Focus: Buffett and Bill Gates wrote together what made them successful trait. Stay super focus: If you are interested in a new topic, you will talk about it, read about it, meet people that are involved in it. Always be calm and look forward to the day ahead when you wake up in the morning Cruel introspection: identify misthinkings and avoid them in the future. Define one's own circle, ignore the instigation of others, and do it when you see it. 2. Habits: Living a simple life, money is the scoreboard for him Read a lot: spend four or five hours reading every day ( News, looking for value investing, etc.) Always take care of your mind and body , Buffett's teacher at Columbia University Business School, Graham is the proposer and early practitioner of value investing theory. Buffett is the perfect practitioner of this theory and has made value investing famous all over the world. Regarding investment: First, avoid losses. Second, always remember the first rule.

Compound interest is the eighth wonder of the world. The wife is an independent person who advocates giving back to society, contrary to his previous beliefs. His wife's death prompted him to donate to the Bill Gates Foundation. The independent relationship between the sexes is worth learning.

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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.