Warren Buffett: 9 Daily Habits of Warren Buffett [Entrepreneur, Highly Effective, Motivation, Rich, Success]

by Isaac Fox

“The man who does not read has no advantage over a man who cannot read” – Mark Twain

compounding is nothing but using the benefit of using the previously done thing to further amplify it and produce greater benefit.

we should only expect to make money over things that we really understand.

the most important thing in hitting is to wait for the right pitch!

There is no solution outside, there is information but the solution is always inside of you.

It will compel you to think what have you done this year, how many targets have you completed that were planned. Isolation and internet-less world introduces ourselves to the “Real ME” and asks, what you have done and what are you going to do next. It acts like a cleaning agent and will show you the mirror.

Warren further says, doing a job that you don’t like is like saving up sex for your old age.

“Cash is to a business as oxygen is to a body: "Never thought about it when it is present, the only thing in mind when it is absent”

Only cash does the role of cash and it has to be there when required.

“The one thing is …the worst investment you can have is cash. Everybody is talking about cash being king and all that sort of thing. Cash is going to worth less over a period

of time. But good businesses are going to become worth more over time. And you don’t want to pay too much for them so you have to have some discipline about what you pay. But the thing to do is find a good business and stick with it. We always keep enough cash around so I feel very comfortable and don’t worry about sleeping at night. But it’s not because I like cash as an investment. Cash is a bad investment over time. But you always want to have enough so that nobody else can determine your future essentially.”

make an investment first and then spend for your expenses.

“To keep the body in good health is a duty… otherwise we shall not be able to keep our mind strong and clear”.

Invest in yourself, write the name of the course on plain white paper and write 2 things below it in big letters: Joined & Paid? Completed?

“The difference between successful people and really successful people is that really successful people say “NO” to almost everything”.

If you do same things daily, you should not expect a different result at any point in time. You cannot stop time, but you can definitely steal it for sure! That is how mega businesses have been built by– by stealing small amount of time “DAILY” – without fail time for a big goal.