Known as the "Oracle of Omaha", Warren Buffett is also known as one of the world's most successful investors, due in large part to his sensible and frugal approach to the discipline. When asked by a reporter on CNBC recently, what investment is best to own (a fairly stupid question at best) Buffet replied, almost off the cuff and as if anyone should know:
"The best thing to own of course is your own talent. They can never take that away from you." - Warren Buffett
Touché Mr. Buffett. That should strike fear in the hearts of those who have no talent whatsoever.
For more in the Random Search Effect series see:
To be continued: The Random Search Effect I
Children & Unselfishness: The Random Search Effect II
Your Inner Fire: The Random Search Effect III
Mystery Google: The Random Search Effect IV
Warren Buffet: The Random Search Effect V
ALL THE NEWS THAT NOBODY KNOWS: The Wild Wild East is a memoir of my time marketing in Asia – but that's a little long for here, so check below and see it all in real time. ©2008 David.E.Carlson@gmail.com
Tuesday, March 2, 2010
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Mr. Buffett is my husband's BIG Boss -- MidAmerican Energy. (And... he is right about that ("The best thing to own of course is your own talent. They can never take that away from you." - Warren Buffett)). You OWN that David!
ReplyDeleteThanks Sylvia! Your husband has no easy job, that's for sure!
ReplyDeleteEveryone has a talent. What is rare is the courage to nurture it in solitude and to follow the talent to the dark places where it leads.
ReplyDelete-Erica Jong
Thanks to a guest for this.