Warren Buffet

Nauman M
Nauman M
Feb 23 · 2 min read

Blog — farnam street on warren buffett

On — snowball — warren buffets
biography

A lot of what the snowball is
about the concept of learning, and creating, and the advantage of having the
information and knowing it. When I came here today one of the things that I was
thinking is that what you do is so much at the intersection, because retrieving
information is different from having it already in your head. The internet is
wonderful for being able to retrieve and get information.

the lesson that they have, which
is that learning yourself, making yourself as smart as you can is extremely valid,
and not just relying on a library where you can look something up all the time,
because a lot of times when you need to make a decision, and you need 50 pieces
of information, you need to know it then.

Key Take Away’s

Will you care about what you’re reading
in a month? In a year? In five years?

Are you focused enough on the
same thing to build cumulative knowledge or are you too spread out?

What do you spend time on that’s
likely to change in the next few years? What’s not likely to change?

What would need to happen for you
to stop outsourcing organization of information to the computer?

the lesson that they have, which
is that learning yourself, making yourself as smart as you can is extremely
valid, and not just relying on a library where you can look something up all
the time, because a lot of times when you need to make a decision, and you need
50 pieces of information, you need to know it then.

Warren Buffet’ Rule

  • learn and create this cumulative base of
    knowledge in his head. One reason thathe doesn’t use a computer is that in a
    sense, he is one. He also needs acomputer to get…he uses it for news. He wants
    to know what’s going on in theworld. So he is on the internet a lot to get news
    reports, and he’s up late atnight seeing what’s going on. He doesn’t use it as
    a filing cabinet or forcomputation.


Originally published at Mediabloger.

    Nauman M

    Written by

    Nauman M

    Tech And Markeing Nerd. love for Media. Write Here On Books Blogs,articles, Thoughts and Life Hacks . http://mediabloger.com

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