Financial Advise from Warren Buffet

Masterpiece from Warren Buffet

“We begin this New Year with  dampened enthusiasm and dented optimism. Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organizations and nations. Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health.

They expect the financial experts to provide them with remedies, forgetting the fact that it is these experts who created this financial mess.

Every new year, I adopt a couple of old maxims as my beacons to guide my future. This self-prescribed therapy has ensured that with each passing year, I grow wiser and not older. This year, I invite you to tap into the financial wisdom of our elders along with me, and become financially wiser. 

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Spending: If you buy things you don't need, you'll soon sell things you need.
Savings: Don't save what is left after spending; spend what is left after saving.
Hard work: All hard work brings profit; but mere talk leads only to poverty.
Laziness: A sleeping lobster is carried away by the water current.
Earnings: Never depend on a single source of income.
Borrowings: The borrower becomes the lender's slave.
Accounting: It's no use carrying an umbrella, if your shoes are leaking.
Auditing: Beware of little expenses; a small leak can sink a large ship.
Risk-taking: Never test the depth of the river with both feet.
Investment: Don't put all your eggs in one basket.

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I'm certain that those who have already been practicing these principles remain financially healthy. I'm equally confident that those who resolve to start practicing these principles will quickly regain their financial health. Let us become wiser and lead a happy, healthy, prosperous and peaceful life..

......Warren Buffet”

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21 Things To Remember In Life

1. No one can ruin your day without YOUR permission.

2. Most people will be about as happy, as they decide to be.

3. Others can stop you temporarily, but only you can do it permanently.

4. Whatever you are willing to put up with, is exactly what you will have.

5. Success stops when you do.

6. When your ship comes in…. make sure you are willing to unload it.

7. You will never have it all together.

8. Life is a journey…not a destination. Enjoy the trip!

9. The biggest lie on the planet When I get what I want I will be happy.

10. The best way to escape your problem is to solve it.

11. I’ve learned that ultimately , ‘takers’ lose and ‘givers’ win.

12. Life’s precious moments don’t have value, unless they are shared.

13. If you don’t start, it’s certain you won’t arrive.

14. We often fear the thing we want the most.

15. He or she who laughs……lasts.

16. Yesterday was the deadline for all complaints.

17. Look for opportunities…not guarantees.

18. Life is what’s coming….not what was.

19. Success is getting up one more time.

20. Now is the most interesting time of all.

21. When things go wrong…..don’t go with them.

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Success Tips!

• It is the bamboo that bends in heavy winds that has another day to live. The trees that don't bend get uprooted.
• If you want new ideas, you have to push yourself into the periphery.
• It's a question of taking a lot of small steps: don't try to eat the elephant in one big bite.
• Any company that cannot imagine the future won't be around to enjoy it.
• Leaders do not allow themselves to be weighed down by the difficulties of the present but are focused on the possibilities of the future. Instinct, passion, courage and confidence are the precious ingredients of managing differently. A vision of the future is critical to motivate people to become innovative.
• If you do precisely what you're supposed to do, and you're boxed in, then you're going to do that very well. But if pressed to do things that aren't in your normal job description, the challenge can push you to a new level of achievement.
• You have to have faith. You cannot lead if you don't believe.
• Companies that create the future do more than satisfy customers, they constantly amaze them.
• Business must start with the assumption that consumers don't want to apply the same amount of effort to construct all their experiences. Today, I will take whatever coffee I'm given -- but on another occasion, I might be more particular.
• In an organisation, one unique person makes a difference, but you need teamwork to make it happen.
• Many companies don't understand yet that outsourcing isn't about exporting jobs. It's about importing innovation.
• Management is a lot of blocking and tackling.
• Strategy is about stretching limited resources to fit ambitious aspirations.

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