Wisdom From Warren Buffett, Charlie Munger, and Steve Jobs

If you have an hour or two to kill today or sometime this weekend, these three Youtube clips should give you the chance to spend your free time learning from the best.

(1) The first video is a Warren Buffett speech/Q&A session at the University of Georgia a decade or so ago. As is often the case with video footage featuring Warren Buffett, the commentary runs from the straightforward (e.g. Buffett explains why Coca-Cola is an ideal investment because it is a brand name that generates good feelings among customers and is the type of product that can be consumed regularly) to the general funny life advice we’ve come to expect in a Buffett interview (he explains that the ideal trait in a romantic partner is low expectations). The reason why I like these types of clips so much is because they provide a chance to get past what Buffett does and gives us a chance to understand why he does it.

Continue Reading!

A Fantastic Quote To Start Your Day

Check out this great quote from Charles Swindoll:

“The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circumstances, than failures, than successes, than what other people think or say or do. It is more important than appearance, giftedness or skill. It will make or break a company…a church….a home. The remarkable thing is we have a choice every day regarding the attitude we will embrace for that day. We cannot change our past…we cannot change the fact that people will act in a certain way. We cannot change the inevitable. The only thing we can do is play on the one string we have, and that is our attitude…I am convinced that life is 10% what happens to me and 90% how I react to it. And so it is with you…we are in charge of our attitudes.” -Charles Swindoll

Continue Reading!