Invest in Yourself: Warren Buffett's Wisdom on Personal Growth (2024)

FAQs

What was Warren Buffett's most famous quote? ›

"Price is what you pay. Value is what you get." Buffett is widely celebrated as the greatest value investor of all time – and with good reason. That's exactly why this 2008 quote resonates.

Warren Buffett, the legendary investor and one of the wealthiest individuals on the planet, once famously remarked, "The most important investment you can make is in yourself." These words hold a profound truth that transcends the realms of finance and reaches into the core of personal development.

In conclusion, Warren Buffett's wisdom reminds us that the greatest asset we possess is ourselves. By prioritizing self-investment and committing to lifelong learning, we unlock the key to personal and professional success, fulfilment, and happiness.

"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."- Warren Buffet.

Apple is Berkshire's largest public stock holding by far. Berkshire's $151 billion Apple stake is roughly four times larger than its second-largest holding. Buffett first bought Apple shares in the first quarter of 2016, and Apple's stock price is up more than 500% since the beginning of 2016.

Warren Buffett once said, “The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule.

What are Warren Buffett's 5 rules? ›

A 70/30 portfolio is an investment portfolio where 70% of investment capital is allocated to stocks and 30% to fixed-income securities, primarily bonds.

Buffett spends 80% of his day reading

Supposedly, in the early days of Buffett's investment career, he would read 600-1000 pages in a single day. Nowadays, he still dedicates 80% of his day to reading. “Read 500 pages… every day.

So Buffett says he reads around 5-6 hours daily, including newspapers, magazines, 10Ks, annual reports, and biographies. For Buffett, reading is priority number one. While most executives focus on networking or analyzing financials, Buffett dedicates the majority of his workday to reading.

In 2008, amid one of the most severe financial crises in recent history, legendary investor Warren Buffett, chairman of Berkshire Hathaway, shared a piece of timeless wisdom that would resonate with investors for generations to come: “Be fearful when others are greedy, and be greedy when others are fearful.”

Regardless of what tribulations you go through, keeping in mind how you'd like to eventually be remembered is the best way to help you achieve it, Buffett said. “Expect some difficulties along the way, but if you're thinking that way, you're more likely to get there.”

“It's fine to celebrate success, but it is more important to heed the lessons of failure.” It's easy to get caught up in the excitement of success, but success on its own has very little to teach you.