Your Golden Nugget
"Paint Your Own Painting"
- An interview with Warren Buffet
I was extremely privileged
to have an opportunity to interview Warren Buffet. He was gracious
and made me comfortable during the interview. After the interview,
I felt such enthusiasm for life, I was peaceful and I thought;
he made me feel like I have been my only barrier. I can do what
ever I want to.
So for this Golden
Nugget I am going to paraphrase for you some of Warrens
ideas on how to live in the moment versus waiting until you
win the lottery.
1. I never
look back. (He said to quote him on that!!!) Every
day is so much fun. And I will have fun each day fifteen, twenty
years from now.
2. I am always
optimistic. Unless it is death or family tragedy. Otherwise
I look forward to the possibilities from each event.
3. I make decisions
fast. I am wired to make fast decisions. I process things
very fast and I do not mind being wrong occasionally. I find
that if I spend ten hours thinking about something I am usually
at the same place as I was after ten seconds.
4. Work for a
person or organization that you admire and you can not get a
bad result.
5. I surround
myself by people who are upbeat. Do not be with people who
make your stomach churn. Work around people you like, admire
and trust. Then you will get the best results.
6. You can change
yourself. Some people are programmed to either be very positive
and jump at every moment or to sort of hang back and let events
determine what happens to them. You can not change them. So
let go of what you can not control and focus on what you can
change yourself.
7. (Advice for someone
who is sour.) Change your attitude in a hurry because the
world is not going to change for you. (He quoted Bertrand
Russell: Success is getting what you want and happiness
is wanting what you get.)
8. It pays to
be enthusiastic. If you are sour on the world the world
will be sour on you.
9. You do adopt
to some degree the behavioral characteristics of those who are
closest to you. Marry somebody whose example causes you
to behave better than you otherwise you would. So pick a great
spouse!!
10. Always try
to make things interesting. I used to have great fun delivering
papers. I went out with the attitude that I was going to enjoy
it. When I collected for my paper outside I got interested in
coin collecting so it made it a little more interesting to go
around and collect because I would find a dime or a quarter
that had a mint mark or something I did not have in my collection.
11. Find what
turns you on and focus on it. You know it when you see it
you can not talk yourself into liking something. I love
what I do. (He said when he was seven years old he was interested
in stocks and baseball but he knew he was better at one than
the other so he picked what he loved and was good at.) I recently
caddied for Tiger Woods. He regularly spends twelve hours a
day working on his golf game. If your are passionate about something
I do not think there is anything wrong with focusing on it in
a huge way.
12. Engage in
a variety of activities. I have a multitude of activities
that I enjoy equally so I arrange my life to have time for them
all.
13. Dont
try to make silk purses out of sows ears. It is tough
enough to make them out of silk. Do not try impossible things.
However do take calculated risks then be ready to accept failure.
14. Do not overanalyze
things. Actually so many things are quite simple.
15. Paint your
own painting. Everyday when I get up I get to paint my painting
and nobody tells me I have to use blue paint or red paint and
nobody tells me I have to do a landscape or a seascape. I feel
like Michelangelo in the Sistine Chapel I get to paint
and it is a painting that will never be finished but every day
I get to add a little something and it is the excitement of
seeing that painting develop over time is what I do. It has
nothing to do with money except that it has to earn decent returns
over time to be a successful painting. But it is great fun not
knowing exactly what I am going to paint every day.
Fifteen simple suggestions
that have helped Warren Buffet to optimize his potential. It
is his advice to us. So this month, get out of your own way.
You have each day to get up and paint your painting. And what
great fun, to look at what you have painted at the end of each
day.
Add some wonderful
colors, textures, ideas and tones to your painting.