Warren Buffet: Avoid hard work
I was watching Charlie Rose’s interview with Warren Buffet from May this year, and here’s what stuck with me:
what stuck with me was the focus on having fun (Charlie Rose asks if he knows anyone who’s having as
Have fun – Rose asks if Buffet can think of anyone having as much fun as he is, and Buffet says no. Five years back when I had a long conversation with my very successful uncle about what made him successful, and his number one item was to have fun. Number two was to surround yourself with the right people.
Avoid hard work. Buffet quotes Reagan for this gem: “They say that hard work never killed anybody, but why take the chance?” The idea that you have to work hard to achieve anything is such a widespread lie. I think it’s so popular because it gives unsuccessful people an excuse for not being successful: They chose not to, because they prioritized family over putting in the hours required to succeed. It’s comforting, but it’s bullshit. You can be successful without working hard, if you spend your time on the right things – the things that you’re strong at, the things you enjoy doing, and the things that
Which brings us to outsourcing and do what you do best. Like for example outsourcing his philanthropy to Bill and Melinda Gates and others who enjoy that more and are better at it, so he can keep doing what he enjoys, which is to make more money that the foundations can give away.
No HR, PR, or IR departments. Makes sense. Just 19 people in Berkshire.