I admire Warrant Buffett most. It’s not only because he is a legendary investing billionaire, but also because he is the best master of simplicity. He lives frugally. He speaks simply. His investing rules are the easiest to follow. I think he is a genius who can use the simplest words or metaphor to make most complicated concepts easiliy understandable. Also, whenever I listen to his speech, his calm personality makes me feel calm. His frugal habit always remind me that a simple life is the best life. On Aug.30, 2019, Warrant Buffett turned 89 years old. In honour of his big day, CNBC rounded up six of his best pieces of life advice. Following is the abbreviated article.
1 Marry the right person
The biggest decision of your life, Buffett says, is who you choose to marry. “Marry the right person….It will make more difference in your life. It will change your aspirations, all kinds of things.”
2. Invest in yourself
“By far the best investment you can make is in yourself,” Buffett said. First, “ learn to communicate better both in writing and in person.” “Honing that skill can increase your value by at least 50%”. ” Next, take care of your body and mind — especially when you’re young.”. “You get exactly one mind and one body in this world, and you can’t start taking care of it when you’re 50. By that time, you’ll rust it out if you haven’t done anything.”
3. Associate yourself with ‘high-grade people’
Who you associate with matters, Buffett said in an interview. “One of the best things you can do in life is to surround yourself with people who are better than you are”.
If you’re around what he calls “high-grade people,” you’ll start acting more like them. Conversely, “If you hang around with people who behave worse than you, pretty soon you’ll start being pulled in that direction. That’s just the way it seems to work.”
4. Work for people you respect
“Try to work for whomever you admire most,” Buffett said. “It won’t necessarily be the job that you’ll have 10 years later, but you’ll have the opportunity to pick up so much as you go along.”
5. Ignore the noise
“No one can be certain which way the financial markets are going to move. The best strategy, even when the market seems to be tanking, is to keep a level head and stay the course”, Buffett says.
6. Success isn’t measured by money
Buffett is consistently one of the richest people in the world, but he doesn’t use wealth as a measure of success. For him, it all boils down to if the people you’re closest to love you.
Warrant Buffett is a successful living legend. His wisdom is valuable and the best investments you can get in life.