A profile of Berkshire Hathaway’s vice chairman and his approach to thinking clearly.
Key Insights
Five prescriptions for sure misery:
- Ingesting chemicals to alter mood or perception
- Envy and resentment
- Unreliability
- Letting life get you down
- Not learning from past mistakes
Three rules for a career:
- Don’t sell anything you wouldn’t buy yourself
- Don’t work for anyone you don’t respect and admire
- Work only with people you enjoy
Core principle:
“Deliver to the world what you would buy if you were on the other end.”
On Failure
From Epictetus: every missed chance in life is an opportunity to behave well and learn something constructive.