Video from Jeff Bezos about Amazon and Zappos.com

Here’s how to use the 20 Mile March to accomplish your biggest goals! I remember hearing about this concept from Hal Elrod a few years back and it rocked my world.

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.

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.

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.

Profit is the thing that hauls dreams into focus.

I never lose. I either win or learn.

Don’t back down just to keep the peace. Standing up for your beliefs builds self-confidence and self-esteem.

When you take pride in the fact that you’ve beaten your peers or adversaries, you do well to remember: you crossed an imaginary finish line, driving a different car, on a different track in different weather. The real race was always against yourself.

You ain’t gonna believe this, but you used to fit right here. (He gestures to the palm of his hand). I’d hold you up to say to your mother, ‘This kid’s gonna be the best kid in the world.

Stress. It makes your heart pound, your breathing quicken and your forehead sweat. But while stress has been made into a public health enemy, new research suggests that stress may only be bad for you if you believe that to be the case.

The Pessimist Sees Difficulty In Every Opportunity. The Optimist Sees Opportunity In Every Difficulty.

People are using this simple, powerful concept to focus on what matters most in their personal and work lives. Companies are helping their employees be more productive with study groups, training, and coaching. Sales teams are boosting sales.

Howard Marks’s The Most Important Thing distilled the investing insight of his celebrated client memos into a single volume and, for the first time, made his time-tested philosophy available to general readers. In this edition, Marks’s wisdom is joined by the comments, insights, and counterpoints of four renowned investors and investment educators: Christopher C. Davis (Davis Funds), Joel Greenblatt (Gotham Capital), Paul Johnson (Nicusa Capital), and Seth A. Klarman (Baupost Group).

Here is the book recounting the life and times of one of the most respected men in the world, Warren Buffett. The legendary Omaha investor has never written a memoir, but now he has allowed one writer, Alice Schroeder, unprecedented access to explore directly with him and with those closest to him his work, opinions, struggles, triumphs, follies, and wisdom.