"Becoming Warren Buffett"

Jordyn 2022-12-25 19:10:22

The clip is on Weibo. Micro spoilers! (Segment 1) The first documentary about Warren Buffett, an investment wizard in the world's financial world, produced by HBO in 2017. In my opinion, this documentary was not made to my satisfaction. If the title of the documentary was How to Become Warren Buffet, I wouldn't even watch it, because no one can be exactly another person, and it's just a flashy gimmick to have that title. But the title of the documentary, Becoming Buffett, suggests that this is a documentary about Buffett's personal upbringing. If you want to learn about Buffett's way of making money or specific investment rules from this documentary, then I don't think you need to endure an hour and a half of torment, and you should go to the CFA or CFP textbook for self-study. If you want to know about Buffett's daily life and growth experience, then I think the Buffett shown in this documentary is very boring and plain (bland and unpretentious) compared to the experiences of other legends. The documentary interviews and introduces his family (parents, siblings, children, wife), colleagues, himself, briefly introduces the companies he has acquired and invested in, as well as some of his personal changes, setbacks, and ideas. His ex-wife had a profound influence on him and even changed his political stance. If you plan to meet Buffett by chance, don't go to big cities like New York, go to Omaha, a big country in the United States, where he will go to high school and talk to high school students from time to time. You see, there are so many rich people in the world competing to have a two-hour meal with him at auction, but he will voluntarily go to the high school in his growing town for free and give high school students life advice from zero distance. I am not satisfied with this documentary because: 1. The filming method is too boring, and the content arrangement makes people want to fast-forward. 2. There is no in-depth exploration and development of Buffett's expansion and specific investment skills (this is a commercial secret, and it is understandable). 3. This year, Wells Fargo Bank in the United States exposed a series of long-standing illegal operations and other corruption issues. Buffett's company, as one of the largest investors in Wells Fargo, also has an inescapable responsibility. He has always been respected and relied upon, and no one will question his character and decision. An investment wizard who failed to discover Wells Fargo's illegal operations is undoubtedly a big question mark. If you ask me what is the biggest takeaway from watching this documentary? 1. I don't have to compete with other wealthy people to learn some of Buffett's childhood experiences, even the colleagues who have been with him for many years or the bosses who have eaten with him may not know them. 2. The reason why he is so successful is that his own talent and acquired luck are naturally important, but the most important thing is that he has found a deep love that really interests him and can make him work without sleep from a very young age. 's business. He likes to read quietly, is exceptionally sensitive to numbers, excels at parsing information from mundane media news, and unearths treasures no one would even think of. This has a lot to do with his father's book collection, nurture, free and open education, and his parents' own efforts and character. He said: "The world is a great movie to watch, but you don't want to sleepwalk throughout life. The important thing to do is to look for the job you would take if you didn't need a job. Assuming you don't need a job to make a living, what would you do? That "what" is what you should be doing. Of course, such luck is not for everyone. So this is the biggest difference between the highly successful elite and the mediocre ordinary people. The former works because of love, the latter because of helplessness. The work of the former is a means of personal growth, and the work of the latter is only a necessary means of earning a living. The former thinks about the wider world when they work, while the latter can only be confined to a small space when they work. Therefore, this documentary is important for parents and teachers, and perhaps it is worth learning from in terms of guidance, enlightenment, education, and life planning for your children. (fragment 2) He has a lot of wealth and is a real billionaire, but his house is not a California sea view mansion, nor a high-end villa in New York. He lives in the town where he was born, in a house for decades, and his daily breakfast is just a $3 hamburger at McDonald's. An office that is not spacious and has no view, and the decoration is also a bit old. His daily job is to read various financial newspapers for 6 hours. He believes that there is no fairer game of treasure hunting in the world. His thirst for knowledge, enterprising spirit, and competitiveness are very strong, and he is deeply influenced by his parents; but his ex-wife made him change his political beliefs from childhood to adulthood. He loves his job, it is his only interest, good at, and dream. Do you really understand the information that most people in the world can read? When you have wealth, will you benefit the world? How will you give back? Who in your life has had a major influence on you? Have you ever been a positive influencer? Are you doing a job you truly love? Do you wake up every day smiling and excited, motivated and motivated? Assuming you don't need a job to make a living, what would you do? That "what" is what you should be doing. Of course, such luck is not for everyone. So this is the biggest difference between the highly successful elite and the mediocre ordinary people. The former works because of love, the latter because of helplessness. The work of the former is a means of personal growth, and the work of the latter is only a necessary means of earning a living. The former thinks about the wider world when they work, while the latter can only be confined to a small space when they work. Therefore, this documentary is important for parents and teachers, and perhaps it is worth learning from in terms of guidance, enlightenment, education, and life planning for your children. (fragment 2) He has a lot of wealth and is a real billionaire, but his house is not a California sea view mansion, nor a high-end villa in New York. He lives in the town where he was born, in a house for decades, and his daily breakfast is just a $3 hamburger at McDonald's. An office that is not spacious and has no view, and the decoration is also a bit old. His daily job is to read various financial newspapers for 6 hours. He believes that there is no fairer game of treasure hunting in the world. His thirst for knowledge, enterprising spirit, and competitiveness are very strong, and he is deeply influenced by his parents; but his ex-wife made him change his political beliefs from childhood to adulthood. He loves his job, it is his only interest, good at, and dream. Do you really understand the information that most people in the world can read? When you have wealth, will you benefit the world? How will you give back? Who in your life has had a major influence on you? Have you ever been a positive influencer? Are you doing a job you truly love? You smile and be excited every day full of motivation and

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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.