If your family's ten-year-old says something amazing, "I'm going to be a millionaire, and if I don't make it happen I'm going to jump off Omaha's tallest building." ”
Will you be startled and educate your child right away?
The child who uttered this was Buffett, whose remarks frightened his father's friends. But who would have thought: years later, this flag will come true!
We all know Buffett's name as a god, and his path to success is believed to be well known to many people:
Starting as a child laborer with a talent for business, he started his fortune with $100, bought a $4,000 farm on his own before the age of 17, and decided to start a business when he graduated from high school at the age of 17, but was stopped by his father. Otherwise, what we're seeing now might be Buffett the businessman, not buffett, the investor.
So, in addition to Buffett's ability to invest and manage money, what concepts does he have that apply to each of us?
Let's take a look at this Buffett philosophy of life.
Buffett's philosophy of life
Perhaps, not everyone can become Buffett, but we can all learn from his excellent wealth concept and wisdom in life.
The book "Buffett's Life's Wealth" is written by financial author Zhang Liang, who is committed to the creation of biographies and management books, and has accumulated a wealth of materials for his creation over the years with a large number of interviews and in-depth research.
Most of the books that introduce Buffett will focus more on Buffett's own investment philosophy and wonderful "achievements"; the special feature of this book is that it expounds Buffett's family and school experience and life experience in more detail.
The obsession with money at a young age is not only due to talent, but also the lack of money at an early age, which makes Little Buffett realize the importance of money and sows the seeds of desire to make money.
Excessive rush to make money, of course, it is inevitable to take the "fast road", such as he was ready to drop out of school after graduating from high school to start a business, at this time, a father with life experience and enough authority, guided him to the right path.
In addition to the investment philosophy, education and life philosophy accumulated by Buffett for many years, it is more worth learning for everyone.
Here are two of Buffett's consistent rules of life:
Learn to be afraid of money
The first is to learn to fear money.
Buffett's relationship with money is very delicate. He was obsessed with money, but he was also terrified of the growth of wealth; he was a "miser" who had doubled his assets throughout his life.
This is because Buffett knows the power of money better than anyone: it has no good or evil, it all depends on whose hands it holds: it can lead people to change the world, but it can also destroy the world by devouring people's hearts.
Therefore, Buffett regards the pursuit of money as an important channel for obtaining a sense of achievement in life, and on the other hand, he will worry about whether the accumulation of wealth will bury a "time bomb".
So here comes his second principle: don't treat money as money.
Don't treat money as money
When a person sets the goal of making money, he will often not be able to ask for it, because the temptation of money will affect his judgment.
Buffett's success lies in the fact that he never treats money as money, he is just using the scientific method to increase a string of numbers, so he can always maintain a rational state.
This can also be seen in his "miserliness".
Buffett is a man who doesn't know how to enjoy success, and he never seems to know how to supplement his material life with the money he earns.
Everyone who sees Buffett can hardly believe that the person standing in front of him is Buffett, he is untrimmed, his hair is messy, his clothes are full of wrinkles; unless the clothes are torn to the point where they cannot be worn, he will never buy new clothes.
In his eyes, money seemed sacred and unspeakable, any consumption was a sin, and even dieting was saving money.
Once he took out a $10,000 check and bet his daughter that he would give it to her if he gained weight; but he was so upset that he started dieting, not even going to McDonald's to eat his favorite high-calorie food.
All this stems from his fear of money, his rejection of the material life of a drunken fan, and in order to avoid his own degeneration, he has always maintained a simple and frugal style of life.
After a lifetime of perseverance, he finally managed to see the growth of money only as the growth of numbers, and he only cared about how to make wealth grow instead of consuming wealth.
When a person begins to fear money, he truly understands the mystery of wealth.
brief summary
In the process of looking at the biography of each legend, the most important thing is not to see how his success is copied; but to absorb his philosophy of life.
Buffett, who taps to work, did not anticipate his current achievements when he saw "1,000 Ways to Earn $1,000" as a child.
Life has no limits, standing on the shoulders of giants, we can go higher and see farther.