I have some exciting news! Warren Buffett has revealed his best investment advice. Known to be worth $75 billion dollars, he is one of the most successful self-made investors in the world.
Warren is a role model for any entrepreneur, investor, or business person that aspires to achieve financial greatness. Referred to as, “The Oracle of Omaha”, Warren Buffett had an entrepreneurial mindset from an early age. As a young adult, he was always looking for innovative and creative ways to earn money, which is how he made a net worth of $6,000 at the age of 15.
Many of the most successful people in the world attribute their success to sheer determination and commitment to their goals. While this speaks true, Warren Buffett offers a different perspective. Although the end goal of success usually equates to making money and getting rich, it isn’t what matters most in life.
You may be wondering, “How does one man become so successful?” The answer may surprise you. Are you ready to learn how to invest, the ‘Warren Buffett way?’
Watch the video below:
(Click here to watch on YouTube)
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Warren Buffet believes the single best investment that he ever made was a lifelong commitment and curiosity for learning. In his own words, “Invest in as much of yourself as you can, you are your own biggest asset by far.”
When Warren Buffett was young he was terrified of public speaking. He wanted to master this fear, so he attended a Dale Carnegie public speaking class that ended up changing his entire life. Even to this day, he has his public speaking diploma hanging on his wall in his office.
You never know how one book, course, or seminar can change your entire life. Live with that positive anticipation that there is always something good that will come from having an optimistic mindset.
Chris Munger, the Vice Chairman of the Buffett’s Berkshire Hathaway Corporation, once said this about his colleague:
“Warren Buffett has become one hell of a better investor since the day I met him, and so have I. If we had been frozen at any given stage, with the knowledge we had, the record would have been much worse than it is, so the game is to keep learning.”
If you want to become the best that you can be, you need to adopt the mindset of a lifelong learner. I attribute most of my success in life to my love of learning. It has brought so much joy to my life, and it has allowed me to grow and evolve my online business at a much greater speed. If you look at my May 2017 Monthly Goals Report, you will see how much I invest in myself.
Who I am today is vastly different from the person that I was many years ago. I was a shy, depressed, insecure teenager who was broke and struggling, BUT I was committed to investing in myself.
If I wanted to master all areas of my life, I knew that I had to stop doing what I had always done. I found mentors, read books, attended seminars, went to workshops, and created networking events, all with the purpose of learning. I realized that what one man can do, another man can do.
Finally, Warren Buffett also believes in the power of investing in an index fund, otherwise known as a type of mutual fund with a portfolio constructed to match or track the components of a market index, such as the Standard & Poor's 500 Index (S&P 500).
From a historical standpoint, the stock market has always gone up, no matter what is going on in the world. The beauty of index funds is that they allow you to own 500 of the biggest companies in the U.S. There is no better way to create a simple plan for building your retirement savings.
How much time and money do you invest in yourself? The reality is that the more you learn, the more you earn. When asked to reflect on Warren’s success, Charlie Munger said, “Warren is one of the best learning machines on this earth. The turtles who outrun the hares are learning machines. If you stop learning in this world, the world rushes right by you.”
If you are already investing in yourself, awesome. If you have yet to start, I hope Warren Buffett’s investment advice has inspired you to do so. It all starts with you.
Do you want to learn cutting-edge tools and strategies for mastering all areas of your life? CLICK HERE to join my Life Mastery Accelerator program!