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

by Isaac Fox

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

take a break and ask yourself – what is your competitive strengths and what is the perimeter of that competence? It need not necessarily be a large one, but knowing what you are good at and to what degree will give you a stepping stone to begin with.

1929, just a reminder of extreme of panic on Wall Street, just a reminder that anything can happen in this world.

He finds peace in his own way and likes to stay away from all the noise in the world.

What Warren does here, is strategizing most of his work and then smartly executing it. It is not about doing something without a thought and then hoping for a great result. It is about first understanding the problem, figuring out all the possible ways to solve it and then using the most optimum of channels to resolve it. Simply

The idea is simple – stay away from noise and find your own voice!

Unless and until, things are out of your control, don’t use internet.

Wonders happen. Your mind will logically think and point towards the most important thing that is there as it has distracting agent to go to - like

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.

Try it the challenge – 1 complete day without internet and without a smartphone (no social media) and take this

day to think about your life as to what has happened and what’s next? Believe in wonders, they’re real.

Having an inner scorecard means to be satisfied with your own opinion and not of everyone else.

He advises to take up a decision and stick to it in spite of what others think, speak about or react over your decision.

But it’s my painting, and when somebody says, “why don’t you use more red instead of blue? I would say Good bye.

Would you rather be the world’s greatest lover, but have everyone think you’re the world’s worst lover? Or would you rather be worst lover but have everyone think you’re the world’s greatest lover?” Now, that’s an interesting question”

“In teaching your kids, I think the lesson they’re learning at a very, very early age is what their parents put the emphasis on.

If all the emphasis is one what the world’s going to think about you, forgetting about how you really behave, you will wind up with an Outer Scorecard.

“He was really a maverick.

He just didn’t care what other people thought. My dad taught me how life should be lived. I’ve never seen anybody quite like him”

Buffett doesn’t care how others view him: instead, he remains true to himself and never compromises his own values.

As an investor, he thinks entirely for himself and invests most aggressively when others are fearful.

This independent spirit infuses every aspect of his life even his diet, which mostly revolves around burgers and Cherry Coke! And he says “I like it”.

which is our own opinion. What others say is their opinion and we are not obliged in any manner to accept it.

Aristotle

“It is th...

an educated mind to be able to entertain a thought wit...

There is a caution, it doesn’t advise us to go against everyone, but it says to stick to your own opinion in times when your reasoning is challenged.

If you reason something like this and follow, then what others think is simply their opinion, you are supposed to follow your own, as only then you will learn out of your original ideas. What

How can you fetch some different results, if you do the same thing as your peers?

We can apply this principal at every moment in our lives.

Fortunately I was raised up with both my parents being PHD’s, who advised me since child hood to have my own opinio...

commitment, chose what you love.

It’s hard but it pays off in a great way.

stand your ground.

Whatever happens, you will step go one step ahead of other people as it was your decision unlike others who follow the herd.

Success comes by trial and error.

Essence of this habit is to follow what you love, irrespective of what others

say and then stand your ground. The world will keep on saying a few things and then the same people would criticize you for not being original. Just do what you love and experiment. Have an inner scorecard.

tough circumstances do not change life, only facing and winning over them really do.

Ben Graham,

- “The Intelligent Investor”.

He was Ben’s intellectual heir.

Warren was against the philosophy of doing job. Yet,

This job in Warren’s context was a boon and not a curse.

Warren has advised many times that it is a temporary pain to work at a low salary but then it compounds at the rate you skills grow and they grow exponentially because you love doing it.

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

After that, learn skills through courses to be able to meet the experts in the domain.

Consult the experts in your free weekend time.

At the moment of death, we won’t be able to convince ourselves that we couldn’t do things that we loved because we didn’t had the extra time or money to do it.