Warren Buffett says 4 timeless principles create lifelong success, fulfillment, and happiness
For 60 years, people have read Warren Buffett’s annual Berkshire Hathaway shareholder letters to gain insights into his investment philosophies. Every year, thousands convened at Berkshire Hathaway...
Source: www.fastcompany.com
For 60 years, people have read Warren Buffett’s annual Berkshire Hathaway shareholder letters to gain insights into his investment philosophies. Every year, thousands convened at Berkshire Hathaway’s annual meeting to gain insights from Buffett and his partner, the late Charlie Munger. Buffett has also done countless interviews over the years. Winnowing all that advice down to four items isn’t an easy task, but this is my attempt. Here’s Buffett on leadership, focus, the best investment you can make, and the true meaning of success. Buffett on leadership What model does Buffett use for managing people? A baseball batboy. As Buffett wrote in his 2002 shareholder letter: My managerial model is Eddie Bennett, who was a batboy. In 1919, at age 19, Eddie began his work with the Chicago White Sox, who that year went to the World Series. The next year, Eddie switched to the Brooklyn Dodgers, and they, too, won their league title. Our hero, however, smelled trouble. Changing bor