Secrets of success, and Warren Buffet’s investment philosophy

Over the weekend, living a Travelife, a group of friends got together for a long and relaxing dinner. Most of the talk centered on travel, as we’re planning two or three trips together this year.

And, of course, half the fun of a Travelife is in discussing what you’re going to do on a trip and planning it out with your companions.

But in between talk of a Travelife, I had a short but interesting discussion with someone about what makes a person work hard.

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“There are only three things that will make a person work really hard — and I mean the kind of effort needed to determine great success,” he said.

I don’t even remember why we started talking about this.

But I think we were dissecting someone’s personality, and trying to figure out what made him a spectacular success compared to so many other people we knew.


This friend continued: “People work hard because of an anger, a hunger or a passion. Or a combination of two, or of all.”

He continued: “And, of course, the healthiest of the three is to work hard because of a passion. With passion in your life, no one can beat you and the competition is breakfast.

Just some food for thought on just another wonderful day in my never-ending, and never-endingly eventful Travelife.


PS:  I just read an essay Warren Buffet wrote this month, culled from his annual letter to shareholders of Berkshire Hathaway.  He outlined two exceptionally interesting points:

“Owners of stocks too often let the capricious and irrational behavior of their fellow owners cause them to behave irrationally as well.”

“A climate of fear is your friend when investing; a euphoric world is your enemy.