The eldest daughter, Susie, became a fund manager and housewife, and she was passionate about education. The eldest son Howard is making his own efforts to solve the global hunger problem; Peter, the youngest son, became an Emmy-winning musician.
Sometimes a person's ability does not need a school diploma to prove it.
True love is not restraint, not possession, but making the other person live better.
Aside from other factors, if you do a job just because you are happy, then this is the job you should do and you will learn a lot.
Maybe already. You will change. But if you do what you love, you will get a lot from it. It doesn't matter how much work you start.
Buffett once said: "The reality is that the profit-seeking nature of industrial society makes us think that if you work hard to earn money and then spend it on things you seldom use, you will be satisfied, but you will never get happiness from it." The idea that the more the better makes us slaves of money. Why not try less is more? You will find another world in it. "
The real essence of work is to stimulate his endless curiosity, verify his ability to predict actual performance, and experience the possibility of tapping value and new opportunities.
Don't do something you don't like just because your resume looks beautiful. Choosing the job you love is the most important thing.
Most successful people don't take salary as their main purpose, but take work as a ladder for their progress.
Buffett believes that people who can't think independently and are influenced by their own habits or social bad habits are not worthy of respect. Real leaders must break the rules. A person who can't think independently and has no ideas of his own, no matter how talented, is just a follower rather than a leader. Fearlessness and innovation are the common characteristics of all pioneers.
In real life, many people also live such a "flea life". They are young and energetic, and constantly strive for success, but they often backfire. After repeated failures, they either complain about the unfairness of the world or doubt their abilities. They don't pursue success at all costs, but lower the standard of success again and again.
If we often set ourselves a limit and think that we can do something according to our habitual thinking, and some things are really not worth doing, this limit will bind our hands and feet.
"Psychological height" is one of the fundamental reasons why people can't make great achievements.
Investment failure must come from a deep understanding of the ideological level. When there is a real problem, just talk to the mirror. You can really rely on yourself.
Buffett made it clear that none of their partners had the right to vote and could not make suggestions on the operation of the company. They should always be guided by Buffett's thought. To put it simply, an investor can't ask anything but the investment money.
The era of separation of career and life is passing, and people are more and more inclined to integrate personal life with career. The idea of restraining one's emotions, trying to make money and then enjoying it is out of date-people are beginning to pursue a happy life in all directions.
Buffett learned the first lesson of investment: first, don't care too much about the buying price; Second, don't think about it without thinking about it. When you see the small profits in front of you, you will fall into the bag. Third, if you are not sure that you will succeed, don't invest with others casually.
Investing in Gillette Company is the most satisfactory investment in Buffett's investment career.
Buffett has such a habit that whenever he sets foot in an unfamiliar industry, he always asks his new partner a question: "Is there an excellent enterprise like you in your industry?"
Laozi said: everything is difficult and easy; Great things in the world must be done in the details.
"A company composed of millions of individual actions can't afford 1% or 2% of individual actions to go off track." A large number of successful and failed enterprise cases prove that we are not short of brilliant strategists, but executors of Excellence.
The practice of the Buffett family is to discuss various issues extensively and often propose to "check".
Socrates, a famous ancient Greek philosopher, said modestly that the only thing I know is my own ignorance.
Once you stop studying, the whole world will pass you by.
People's learning has only two most important purposes: one is to enhance their own advantages and make their advantages more obvious; The other is to make up for your own disadvantages and narrow the gap between yourself and others. You must clearly know your strengths and weaknesses in order to have a clear goal.
Early adulthood
Jewish conclusion: Because knowledge can be taken away without being taken away, education is the most important.
Schopenhauer said: Vanity is despised by wise men, conquered by fools, worshipped by flatterers and enslaved by one's own vanity.
To be a low-key person is to look at everything in the world with a peaceful mind. Being a low-key person is more acceptable. One should adapt to the surrounding environment and survive the fittest. High is low; The wood in the forest is beautiful, and the wind will destroy it; If people float in the crowd, they will be destroyed. Being a low-key person can have a normal heart, be unaffected by the outside world, and be calm and pragmatic. This is the minimum prerequisite for a person to achieve great things.
High-profile work is a realm and a measure of doing things. High-profile work can not only stimulate people's ambition and potential, but also improve the quality and level of life.
The average of the six people around you is your value.
When you start a business, you have to rely on your friends to do some publicity for yourself.
Xunzi said, "People who cheat horses are not only profitable, but also take the road of Wan Li. Those who fake boats can't swim, but they can't swim. " Xunzi has the oriental wisdom of "the gentleman's nature is the same, and the goodness lies in personal leave", and Newton also has the western wisdom of "stepping on the shoulders of giants".
"I have an internal scoreboard. If I do something that others don't like but feel good about myself, I will be very happy. If others praise what I have done and I am not satisfied, I will be unhappy. "
Buffett's investment has his own set of standards, and his concentrated stocks are basically familiar areas in daily life such as finance, consumer goods and media.
Buffett once said a sentence that stunned lazy people all over the world: "My success is attributed to one thing. I have never wasted a minute in my life. "
"Action seems to follow the feeling, but in fact action and feeling are almost parallel. And controlling actions can control feelings. " Therefore, if we are unhappy, the positive way to make ourselves happy is to act happily and behave happily.
The whole pot can't be shaken, and the half pot jingles.
Happy footsteps will not come, because we have suffered too much.
Since ancient times, men have suffered a lot and have never been too handsome.
People can change their lives by changing their moods.
Break the cocoon into a butterfly-the butterfly can fly only when its wings are bloodshot. If the cocoon hole is artificially cut, the butterfly's wings will have no chance of congestion.
The reason why an excellent enterprise can generate a steady stream of free cash flow is inseparable from its excellent managers.
Carnegie: If you want to collect honey, don't kick over the hive. Only people who are not smart enough will criticize, accuse and complain about others.
Most successful people observe and study some people they want to influence in different ways, and then meet them in turn according to their psychological needs.
Don't burn yourself to death just because the enemy lit a fire.
In the major decision to acquire such a company, he is absolutely hands-on; But when it comes to trivial management issues, she will not hesitate to delegate.
It is the apprentice who will buy and the master who will sell.
Investors should not be carried away by the soaring stock market. The overall level of the stock market deviates too far from its intrinsic value.
When excellent companies reach a price-earnings ratio of 40 times or higher, this is the time to shoot.
In some urgent moments when a decision must be made, a decisive decision-maker will concentrate all nature to make a decision, although he realized at that time that the decision might not be mature. In that case, he must mobilize all his understanding and imagination, immediately put himself into nervous thinking, convince himself that this is the most favorable decision he can make under the circumstances at that time, and then put it into action immediately. For successful people, many important decisions are made quickly without full consideration.
The longer you spend planning, the shorter it will take you to finish the work. These two times have great correlation and complementarity, depending on how you do it.
Franklin summed up his achievements in life as: spare no effort to do one thing within a certain period of time.
Active talent will be appreciated, and self-awareness is the passport to success.
No matter what occupation you are in, don't think that you are just working for managers.
Speak and do things like the person you want to be, and shape yourself by imitating subtle manners.
Crash means that for some reason, a large number of securities are thrown out in the securities market, which leads to an infinite decline in the price of the securities market. I don't know how far it can stop. This phenomenon of selling securities in large quantities is also called selling in large quantities. There are standards to judge the stock market crash. For example, the criteria for judging the Wall Street crash are defined as a cumulative decline of more than 20% in one day or a few days. There have been several stock market crashes in the world, one of which is the new york stock market crash of 1929. Within an hour, 1 1 speculators committed suicide.
Never accept losses.
Material comparison is often a variety of pressures and excuses created by psychological imbalance.
Nothing in the world is difficult for one who sets his mind to it.
Vanity is the expression of excessive self-esteem and the psychological defect of pursuing false appearance.
Pagson once said: "Vanity is hardly an evil, but all evil deeds are born around vanity, just a means to satisfy vanity." It is vanity to care too much about other people's opinions and even do things just to win praise from others.
You can't save at the expense of mental development and ability improvement, because these are the capital for your career success and the driving force for you to achieve your goals, so don't stifle your creativity and productivity.
Dumas, a French writer, once said brilliantly: Economy is the wealth of the poor and the wisdom of the rich. Economy is the real starting point of all wealth in the world, no matter how big or small it is.
The power of habit is amazing. In the face of habit, reason is often vulnerable.
The proportion of interest expenditure can be used as a standard to measure the competitive advantage of companies in the same industry.
The method of education foundation participating in social governance: establishing relations with the government in different way