background preloader

Three Things I’ve Learned From Warren Buffett

Three Things I’ve Learned From Warren Buffett
I’m looking forward to sharing posts from time to time about things I’ve learned in my career at Microsoft and the Gates Foundation. (I also post frequently on my blog.) Last month, I went to Omaha for the annual Berkshire Hathaway shareholders meeting. It’s always a lot of fun, and not just because of the ping-pong matches and the newspaper-throwing contest I have with Warren Buffett. It’s also fun because I get to learn from Warren and gain insight into how he thinks. Here are three things I’ve learned from Warren over the years: 1. The first thing people learn from Warren, of course, is how to think about investing. I have to admit, when I first met Warren, the fact that he had this framework was a real surprise to me. 2. A lot of business leaders write letters to their shareholders, but Warren is justly famous for his. 3. No matter how much money you have, you can’t buy more time. Photo: Bill Gates

Related:  lecture interessanteManagement - ΔιοίκησηWork

Stop pretending it’s all a party: The social contract of working at a startup By Sarah Lacy On June 25, 2013 Perhaps it’s because I’ve worked my whole career in media and startups. But I’m having a hard time getting super lathered up about Bloomberg’s takedown of what it is like to work at Fab. Don’t hang your jacket on the back of a chair? Don’t use a certain font in emails? The One-Minute Trick to Negotiating Like a Boss - Heidi Grant Halvorson Life is full of negotiations, big and small. We negotiate for raises, we negotiate with clients and providers over prices, and we negotiate for more staff, the best projects, and flex time. (Then we go home and negotiate with our kids about how old you have to be to get your own smartphone.) To be successful, you really need to know how to negotiate well. But the truth is, this particular skill doesn’t come naturally to many people.

Why You Didn't Get What You Asked For Have you ever really, really wanted something? The perfect apartment, a great guy or new job? Maybe it was a trip with your friends to a tropical destination or a really awesome new tech gadget. You told everyone that you had to have it... you prayed, wished, vision-boarded and focused your intention on it... but it just didn't happen. You fell short on cash, didn't make it in time or something else threw a great big monkey wrench in the plan. Wes Welker's transition from Brady to Manning has been smooth, swift - Yahoo Sports Canada Don't mess with nuclear Russia, Putin says By Alexei Anishchuk LAKE SELIGER Russia (Reuters) - President Vladimir Putin said on Friday Russia's armed forces, backed by its nuclear arsenal, were ready to meet any aggression, declaring at a pro-Kremlin youth camp that foreign states should understand: "It's best not to mess with us." Putin…

The Best of Bain Bain Insights home The Best of Bain More Your brand's best strategy In some industries, such as chemicals, paper, and steel, market share and profitability are inextricably linked. Five Things Entrepreneurs Should Never Do Editor’s note: James Altucher is an investor, programmer, author, and several-times entrepreneur. His latest book, “Choose Yourself!” (foreword by Dick Costolo, CEO of Twitter) came out on June 3. Follow him on Twitter @jaltucher. I’m breaking all the rules. I’m at a silent retreat for the week. Peyton Manning playing with chessmaster's mind ENGLEWOOD, Colo. — Just two years removed from the neck troubles that weakened his right arm but strengthened his resolve, Peyton Manning is off to the best start by any quarterback in NFL history. He returns to Lucas Oil Stadium on Sunday a much better player than the one who left Indianapolis teary-eyed in 2012 after the Colts let him go in favor of Andrew Luck. Manning has four terrific targets in Denver to go with the skill, intellect, work ethic and determination he’s always had. With Wes Welker, Demaryius Thomas, Eric Decker and Julius Thomas sharing the catches, the unbeaten Broncos are averaging an eye-popping 42 points a game. Manning has thrown for a record 22 TDs in the first six weeks, and Knowshon Moreno is keeping defenses honest with a league-leading seven TD runs.

The Psychology of Entrepreneurial Misjudgment, part 1: Biases 1-6 Mar 24, 2008 Charlie Munger is an 80-something billionaire who cofounded top-tier law firm Munger, Tolles & Olson and is Warren Buffett's long-time partner and Vice-Chairman at Berkshire Hathaway, one of the most successful companies of all time. Some people, including me, consider Mr. Forty ways to save a fortune in Advice & Guides by Andy Yates. Permalink . Andy Yates shares 40 golden rules to becoming a business super-scrimping success. Ferguson’s Formula Photography: Sean Pollack Some call him the greatest coach in history. Before retiring in May 2013, Sir Alex Ferguson spent 26 seasons as the manager of Manchester United, the English football (soccer) club that ranks among the most successful and valuable franchises in sports. During that time the club won 13 English league titles along with 25 other domestic and international trophies—giving him an overall haul nearly double that of the next-most-successful English club manager. And Ferguson was far more than a coach.

The mind of Peyton Manning now powering Denver Broncos Broncos happy to mix QB's extraordinary football brainpower with their horsepower Mike Martz was watching the Broncos practice, not like the television commentator he's practicing to be but as the offensive coordinator he had been. Specifically, Martz was observing quarterback Peyton Manning, who is new to the Broncos but not to the NFL. Because anticipation is one of Manning's greatest qualities, Martz explained, his greatest adjustment with the Broncos would be becoming familiar with his new set of receivers. "See that ball right there?" Martz said excitedly. 100 Must See Interviews With the World's Most Successful Entrepreneurs At Under30CEO we think big. We recently published a list of our Top 50 Most Motivational People on the web and things got a little nuts. The article created incredible buzz all over the web and most importantly we fired up our audience to go out and make something happen. As young entrepreneurs it’s important that we keep swinging for the fences.