Monday, 22 April 2019

Lifelong learning is key to Warren Buffett's success

Lifelong learning may be the secret to Warren Buffett's success, according to his partner, Charlie Munger.

From Tom Popomaronis at CNBC:

As vice chairman of Berkshire Hathaway, Munger says there's one quality of Buffett's that he holds in especially high esteem: His ability to be a lifelong "learning machine."

"If you take Warren Buffett and watched him with a time clock, I would say half of all the time he spends is sitting on his ass and reading," Munger said in his 2007 commencement speech at the University of Southern California.

Buffett himself thinks that taking care of one's mind and body is important, according to Gillian Zoe Segal at CNBC.

"You have only one mind and one body for the rest of your life," Buffett says. "If you aren't taking care of them when you're young, it's like leaving that car out in hailstorms and letting rust eat away at it. If you don't take care of your mind and body now, by the time you're 40 or 50, you'll be like a car that can't go anywhere."

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