I had been watching Warren Buffett’s video clips on youtube and there is one series that I particularly like which is the Warren Buffett MBA Talk. There are 10 parts to it and they were ware amazing. I will be linking those videos here below later at the later part of this blog post. I would just like to share with you what I had learnt from those video clips.
Many people misunderstood the meaning of being successful and that money is evil. Let me tell you this, money is not evil, it is what it is in the beholder’s eyes. If you wanted to make lots of money to do good things then money is good thing but if you are using money to do bad things then money is a bad thing to have for you. One important point that Warren Buffett bring out is, imagine you have 100 million dollars right now, does it have any impact on your life? Most likely some will say yes and some will say no, for a start from the time of having this 100 million dollars, it will change your life to a whole different level at first, then it will more or less settle down. Now, if the following year, from the 100 million dollars, lets say you invested in some business or stocks and your return on investment (ROI) turns out to be 10 million dollars worth and now you 110 million dollars, what changes does it have in your life? Let’s say for a matter of fact, you have another 20 million dollars earned and now you have 130 million dollars, what changes or differences does it have in your life? Properly now most people will say it doesn’t matters at all.
Now I would like to ask you, in the process of being successful or becoming a millionaire or whatever you want to call it, what do you gain beside money? Take a moment in time answer this question to yourself truthfully. if you were to ask me that question, I will answer you this :” It is the person you become in the process.” Now you are a millionaire and became a powerful man on earth, the thing is so what right? What matters most is you had became someone stronger mentally and even physically with a never give up, never say die attitude towards your dreams and goals, now that’s what I called true success! Hope you had learnt something from this post and hope it will help you in your life and take control of it.
As promise, below are the youtube videos for part 1 to part 3. You can view it here or watch it on youtube directly. You are able to find the other parts of the series,until part 10 on youtube.com. Enjoy the series!
Warren Buffett MBA Talk -- Part 1
Warren Buffett MBA Talk -- Part 2
Warren Buffett MBA Talk -- Part 3