Traits of Buffett

Demarco 2022-04-24 07:01:25

After watching this documentary, the first thing that struck me was Buffett's mental outlook. He was clear in his thinking, smooth in expression, full of humor and sparkling in spirit. He was not like an old man at all. After five or six hours of reading, I finally found the answer. Decades of reading habits and thinking habits keep the old Buffett active; secondly, his focus on investment, he has always insisted on his own Investing in familiar fields, continuously looking for companies with moats to invest in, and in the process also building their own moats, creating Berkshire, when Bill Gates' father asked Bill Gates and Buffett to write separately When they wrote down the two words that had the deepest influence on themselves, they wrote down the focus invariably. The two leaders in their respective fields share the same spirit, and focus is the cornerstone of creating a great enterprise. Ultimately, it is Buffett's talent, his passion for numbers. Sensitivity is so strong that he can even remember data from newspapers he read decades ago, and he has an unwavering belief in the power of compound interest. It has to be said that talent is an important factor in his early entry into the investment field and his achievements.

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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.