The legendary life of Warren Buffett, the "god of stocks", has always been a topic of conversation, and he is the only person in the world who has become the richest man in the world only through ** investment. At the same time, he also has extraordinary wisdom and humor, is a patient teacher, and implements a unique philosophy of life in his daily life.
In the book "Warren Buffett's Advice to His Children", Buffett left more than 30 valuable pieces of advice for his children based on his own experience. These pieces of advice cover life, work, investment and other fields, not only showing Buffett's worldview, values and other insights, but also pointing out the direction for the growth of young people, so that readers can benefit a lot.
The success of others may not be replicated, but the advice of successful people has undeniable learning value. These pieces of advice are valuable lessons they have learned from their own lives, and they are the lessons that an elder has left to their younger generations, which can help us find a way forward when we are disappointed in lifeHelp us avoid detours when we are confused and trapped;Help us regroup when we are injured and fail.
Today, I'm going to share with you five of these pieces of advice that I hope you will be inspired by;
1. Live your life the way you want.Warren Buffett once said: "One of the things that attracts him to investing is that he can live his life in his own way."
He strives to live comfortably in life, rather than letting the struggle of the will consume his happiness.
He likes to drink Coke, eat burgers, and never think about cholesterol. He loves to play bridge and has even reached the level of a world-class player. At the same time, he also teaches his children to live the life they love and achieve their greatest success through their own efforts.
His children have all achieved success in their respective fields and are grateful to their fathers.
Your own life should be directed by yourself, and the opinions and likes and dislikes of others can never adapt to you. Life is too short, so why go against your will to live an unwanted life.
2. Choose your own heroes as best you can.At work, if you can find a like-minded partner with you, it will be of great benefit to your career development.
Warren Buffett also has his own ** partner, and he even sees this person as his hero.
That man is Charlie Munger, who has created many legendary cases with Warren Buffett. Bill Gates and Warren Buffett's eldest son both spoke highly of Munger.
Bill Gates' view is that without Munger, it would have been difficult for Buffett to get to where he is today. Buffett's eldest son, on the other hand, thinks Munger is smarter than his father.
Finding a partner who grows with you, learns from each other, and gives full play to your partner's talents, can often achieve twice the result with half the effort.
3. Wealth only favors focused people.When Warren Buffett met Bill Gates for the first time, Gates's father asked them the question, what is the most important thing in a person's life?Warren Buffett's answer was "focused," while Beal gave the same answer.
Warren Buffett is usually very focused at work, and when he thinks about a project, he thinks about only this one thing from morning to night. And his dedication to the industry is unmatched, and he hardly pays attention to anything in other fields.
It is because of this dedication that he has achieved great achievements in the field of investment that are difficult for ordinary people to achieve.
Focusing on what you are best at and most familiar with, and striving for excellence, will definitely help you a lot in the future. It is also a road to the city of wealth.
4. Assume that you only have one chance.Warren Buffett once compared stock picking to hunting, investment opportunities that can make huge profits are like elephants, which are hard to find, and ordinary ** are like rabbits and squirrels.
Warren Buffett believes that bullets should not be wasted on small prey before hitting an elephant.
Elephants may not show up for a while, so when there are no elephants, always be prepared and wait patiently for the elephant to appear with a gun with plenty of ammunition. To be a good investor, you need to be sensitive to opportunities and always ensure that you have enough capital.
Whether in life or work, we should seize the opportunity and cherish it.
Suppose that we only have one opportunity, always be ready before the opportunity comes, and when the opportunity comes, we can seize it.
5. Invest more in yourself.In a speech at the University of Washington, Warren Buffett emphasized the importance of habits.
When a student asked Warren Buffett how to get rich, he said, "Habit is power." ”
Persist in learning every day, gradually improve your behavior, and invest in yourself day in and day out to form habits. In the end, you will find that your abilities and qualities have been unexpectedly improved. ”
Therefore, we need to invest more in ourselves and make it a habit to improve every day.
Although he is usually busy with work, Buffett has never been absent from the education of his children.
He was always kind and humorous, and his children were taught to be independent. They did not follow their father's path, but walked on the path they liked, and walked out of their own style.
Warren Buffett later spent 85% of his fortune on charity, leaving his children with little money, but his spiritual legacy is priceless. Every piece of advice in the book "Warren Buffett's Advice to Children" is worth pondering and learning, just like the guidance of a wise man, guiding us to success.
From this book, we can learn how to resolve life's difficulties, how to change the fate of the present, and how to create a brilliant life.
Since 2000, the opportunity to have lunch with Warren Buffett has been auctioned off every year, and has even sold for $2.62 million**.
Just to see Buffett's demeanor and talk to him, he is willing to spend a huge amount of money, which shows how much gold is in the conversation with Buffett.
We don't need to spend a lot of money to talk to Warren Buffett, we only need to read this book, we can appreciate the personality charm and extraordinary wisdom of the investment god, and learn from it the philosophy of life, investment methods and life attitude, it can be said that the sooner you read it, the better.