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I greatly admire Warren Buffett. Sure, you wouldn't want to emulate a failed marriage or poor diet, but to me his positive qualities go beyond 'a lot of good'.
by MarkMc 8y ago
I greatly admire Warren Buffett. Sure, you wouldn't want to emulate a failed marriage or poor diet, but to me his positive qualities go beyond 'a lot of good'.
It's not his practice of reading income statements you may want to emulate - rather it's his focus and enjoyment of work.
It's his ability to ignore the naysayers and trust his own judgment - whether that be about the clothes he wears, the relationship he has with his wife, or the stocks he buys.
It's his approach of helping others - by explaining his investment decisions, supporting the Giving Pledge and of course by being so financially generous.
It's his approach to business - dealing honestly with employees, suppliers and shareholders, trusting others (eg. buying a billion dollar company on a handshake) and publicly admitting his investment mistakes. This contrasts particularly strongly with Donald Trump's approach to business.