Warren Buffett: The Life and Business Lessons of Warren Buffett
Rate it:
11%
Flag icon
“Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.” — Warren Buffet
15%
Flag icon
“There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?”
27%
Flag icon
At this early age, Buffett had already made $5,000 delivering newspapers and buying 3 pinball machines and placing them in different businesses throughout the Washington D.C. area, (Buffett eventual sold his pinball business to a veteran of World War II for $1,200) which was the equivalent of around $50,000 in 2015 money.
29%
Flag icon
“If I hadn’t read that (Ben Graham classic investment text, The Intelligent Investor) book in 1949, I’d have had a different future.”
36%
Flag icon
perverse
41%
Flag icon
“The lunch made me realize that I had previously undervalued the power of making sure that I am around people who are better than me, and around whom I can improve. These days I am lucky enough to think nothing of buying a transatlantic plane ticket and enduring the resulting jet-lag, if it means being able to spend quality time with someone whom I admire and from whom I can learn.”
43%
Flag icon
True enough, you can’t always control the people you have in your life, this is particularly true of family and co-workers. But, you can improve on the overall dynamic of these forced relationships by taking charge of these relationships by not getting sucked into negative conflicts and feelings and avoiding these types of situations if you’re able
46%
Flag icon
“Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.”
49%
Flag icon
“You only have to do a very few things right in your life so long as you don’t do too many things wrong.“
56%
Flag icon
But most importantly, don’t give up! If you are truly passionate about your business plan, you will find a way to make it happen, even if you have to work three jobs and operate on zero sleep to do so.
74%
Flag icon
“I don’t measure my life by the money I’ve made. Other people might, but I certainly don’t.“ In 1981, the decade
83%
Flag icon
In 1977 at the age of 45, Susan Buffett left her husband. Although she remained married to him, Susie wished to pursue a career as a singer and moved herself to an apartment in San Francisco to do so. Needless to say, Buffett was devastated by the loss of his marriage. Throughout his life, he had often described Susie as being "the sunshine and rain in my garden”.
93%
Flag icon
“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.”
96%
Flag icon
What Warren Buffett’s life has taught us, more than anything else, is that a life of passion is also a life of obsession, and that the two walk hand-in-hand.