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Probably some modern interpretation of noblesse oblige. If a rising tide lifts all ships, great and small, then Buffett is the rain man. He’s probably the close
by aspenmayer 1y ago
Probably some modern interpretation of noblesse oblige. If a rising tide lifts all ships, great and small, then Buffett is the rain man. He’s probably the closest anyone came to making trickle down economics more than just a theory as an individual in business. He made a lot of folks very wealthy simply by making investing boring and easy through his focus on value investing.
I don’t know much about him, but I know Berkshire Hathaway. He didn’t even found it; he took it over by monetary force. He knew who worked their ass off and who just talked shit. He came across someone who wronged him in a business deal at Berkshire Hathaway before he ran it, and he literally drove the prior owners out of their own company over it. He says it was the biggest mistake he made, which leads me to believe he is generally a serious person, but he’s also principled. He’s a case study on overcoming yourself in order to make better decisions.
His business sense may not be as learnable, but I have tried to apply his lessons to my own life, and I didn’t have to pay anything for that.