Life Lessons from Warren Buffet

Warren Buffet is one of the most successful investors of all time.  His business accomplishments are many.  He runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.   He has committed to giving more than 99% of his fortune to charity. So far he has given away nearly $32 billion, much of it to the Gates Foundation.

Buffet succinctly provides great life advice for young people (and all of us) on how to have a better life.

Advice for the all the young people:

  • Read and write more
  • Stay healthy and fit
  • Networking is about giving
  • Practice public speaking
  • Stay teachable
  • Find a mentor
  • Keep in touch with friends
  • You are not your job
  • Know when to leave
  • Don’t spend what you don’t have

Life Advice for Personal Success:

Think of all the things that are possible when you wake up. Don’t think of who offended you, who betrayed you, who took you for granted & what didn’t work out. Such things are bound to happen in life. Instead, think to yourself “I’m alive, I’m breathing, anything is possible!”

Steps to change your life:

1) Stop complaining and appreciate how lucky you are every day.

2) Embrace being alone and reinvent yourself in the process.

3) Say goodbye to the people that don’t bring positive energy into your life.

4) Commit to the goals you set and never look back.

Insights from an elder:

Life will humble you as you age. You will feel the pain of your mistakes or the blessings of your good choices. If you want a life that gets better as you get older, it’s important to make good decisions. If you don’t, life becomes very hard, and your time starts running out…..

Signs Of Maturity:

1) You argue less

2) You listen more

3) You don’t force love

4) You don’t judge others

5) You become more open-minded

6) You prefer to be silent than to engage in a nonsense conversation

7) Your happiness doesn’t depend on people, but from your inner self

8) You respect differences

Enjoy the Labor Day weekend.

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The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN

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