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Kindle Notes & Highlights
Buffett invented the difference between investing in damaged stock and investing in a damaged company, and it made him millions.
Attempting to avoid all failure will undoubtedly result in failure itself. Learn from these failures and your victories will soon pile up.
both men were asked to write on a piece of paper the one thing they felt had contributed most to their success. Sure enough, both men had unknowingly written down the same word: focus. It surely can’t be a coincidence that two of the most successful men of this era chose the same answer, only further highlighting the importance of complete focus to achieving great success.
Gather whatever information you need to make the decision you are faced with and just decide. Buffett refers to any unnecessary sitting, thinking or procrastinating as “thumb-sucking.”
“When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you lived your life.”
As mentioned earlier, Warren Buffett and Bill Gates attribute focus as the number one quality to achieving success. Direct focus is as much about having a not to do list more so than a to-do list. Block out distractions and focus only on the most important.
“Chains of habit are too light to be felt until they are too heavy to be broken.”
