Warren Buffett’s 7 Secrets for Living a Happy and Simple Life

Warren Buffett’s 7 Secrets for Living a Happy and Simple Life

August 29, 2008 |  by Daniel  |  Lifehacks, Personal Finance

Warren Edward Buffett (born August 30, 1930, in Omaha, Nebraska) is an American investor, businessman and philanthropist. He is regarded as one of the world’s greatest investors and is the largest shareholder and CEO of Berkshire Hathaway. With an estimated net worth of around US$62 billion, he was ranked by Forbes as the richest person in the world as of February 11, 2008. –Wikipedia

Secret #1: Happiness comes from within.

“In my adult business life I have never had to make a choice of trading between professional and personal. I tap-dance to work, and when I get there it’s tremendous fun.” — Warren Buffett

Secret #2: Find happiness in simple pleasures.

“I have simple pleasures. I play bridge online for 12 hours a week.” — Warren Buffett

Secret #3: Live a simple life.

“I just naturally want to do things that make sense. In my personal life too, I don’t care what other rich people are doing. I don’t want a 405 foot boat just because someone else has a 400 foot boat.” — Warren Buffett

Secret #4: Think Simply.

“I want to be able to explain my mistakes. This means I do only the things I completely understand.” — Warren Buffett

Secret #5: Invest Simply.

“The best way to own common stocks is through an index fund.” — Warren Buffett

Secret #6: Have a mentor in life.

“I was lucky to have the right heroes. Tell me who your heroes are and I’ll tell you how you’ll turn out to be. The qualities of the one you admire are the traits that you, with a little practice, can make your own, and that, if practiced, will become habit-forming.” — Warren Buffett

Secret #7: Making money isn’t the backbone of your guiding purpose; making money is the by-product of your guiding purpose.

“If you’re doing something you love, you’re more likely to put your all into it, and that generally equates to making money.” — Warren Buffett


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