Buffett's Blueprint
Essays on Warren Buffett and Charlie Munger.
Investors fetishize reading yet Buffett compounded wisdom and relationships. The two reinforced each other.
Yes, Buffett wanted to get rich. But he did it in a way that was interesting and rewarding to him. It was his way of becoming the best version of himself.
The next Warren Buffett will not wait to be handed enlightenment. They will not be content to adopt their teachers’ methods and ideas.
Buffett did not care about appearances. He desired the freedom to live life on his own terms and to be surrounded by family and friends. His journey of accumulating wealth started with a fierce desire for independence.
Buffett turned his company into a preferred home for businesses he wanted to invest in and leaders he enjoyed working with. He did this by becoming what he wanted to attract.
It’s possible to study someone like Buffett, yet retain Graham’s degree of emotional detachment. Investing and business can remain an occupation and not turn into life-consuming passions.
What were the turning points in Buffett’s life? Could he have ended up a trader, a hedge fund manager, or a corporate raider?
Even Buffett borrowed important ideas and timeless wisdom from those he admired.
Even though their relationship didn’t survive The Snowball, Schroeder offers an invaluable perspective on Buffett. Her Q&A’s are a must-read.
Imagine if Charlie Munger’s ego had prevented him from becoming number two at the world’s most successful investment enterprise. A look at the partnership of two exceptional minds.
People were intrigued by the wealth, but they stuck around, and returned, for the wisdom and relationships.