I am a firm believer that living up to a single phrase can transform one’s life. Depending on our mental attunement to an idea we only choose to play the radio station that is on our frequency, and latch on to quotations or phrases that suit us. World is full of ideas, but we choose to pick only the ones that fulfill our immediate needs. Its rare to find a person who follows Buffett as a role model not primarily for investing/stocks/material wealth, other things being secondary. Amazingly, he did not bring up any of his children to follow him, none of them accumulated much wealth or pursued investment profession. Then, isn’t is worth paying heed to what Buffett himself took seriously. According to Buffett, at 2 min:50 sec into first interview, “Success is not to be measured with Money. It is living up to your full potential.” The definition of “full potential” is out of scope of discussion, probably cannot be discussed, only experienced. In case you follow Buffett, are you living up to your full potential ?
What Buffett learnt from Munger – Making Silk Purses from Silk
Recall writing a similar post on success few years back here.