Each year, Warren Buffett writes an open letter to Berkshire Hathaway shareholders. Over the last 40 years, these letters have become an annual required read across the investing world, providing insight into how Buffett and his team think about everything from investment strategy to stock ownership to company culture, and more.
Books are more likely to change minds than conversations. There is too much happening internally during conversation:
Hire people who are better than you are, then leave them to get on with it. Look for people who will aim for the remarkable, who will not settle for the routine.
If you have managers reporting to managers in a startup, you will fail.
Everyday I look in the mirror and make sure I don’t pinch myself so I don’t wake up. I don’t take it for granted. All the time I say ‘Why me?
You have to learn how to use time wisely and be productive. How wisely you use your time will have far more impact on your life and success than any amount of money.
Always ask yourself how someone could preempt your product or service.
In business, to be a success, you only have to be right once.
The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.
The mark of the immature man is that he wants to die nobly for a cause, while the mark of the mature man is that he wants to live humbly for one.