If your day job involves making decisions that could gain or lose billions of dollars and impact the lives of millions of employees and shareholders, it’s probably very easy to lose sight of what is important in life.
According to a new article penned by Microsoft Corporation MSFT 0.55% founder Bill Gates, he’s learned a lot of life lessons from long-time close friend and legendary Berkshire Hathaway Inc.(NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett.
Gates and Buffett have been friends now for 25 years, and Gates recently marked the occasion by reminiscing on how Buffett has influenced his life.
“In 1991, when my mother called me to come out to our vacation home on Hood Canal to meet a group of friends, including Warren, I didn’t want to go,” Gates recalled. At the time, Gates thought Buffett “just buys and sells pieces of paper.”
Soon after meeting Buffett, Gates was involved in a deep discussion about how Microsoft planned to compete with its giant, well-established rival International Business Machines Corp. IBM 0.56%, what its pricing strategy would be and what types of unique skill sets that would require.
“Those were amazingly good questions that nobody had ever asked,” Gates recalled. “He had this modest way of talking about what he does. He was funny, but what impressed me most was how clearly he thought about the world.”
Despite all his investing accomplishments and knowledge, Gates said…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
