Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
We've been pretty successful over the years, not necessarily adding series regulars, but just bringing long-term recurring characters. In my opinion, it's sort of like as life goes, you have people that come in and out of your life.
We need a sense of the oneness of the 7 billion human beings alive today. When I meet people, I don't think about being different from them, about being Tibetan, Buddhist or even the Dalai Lama. I only think about being a human being. We all share the potential for positive and negative emotions, yet one of our special qualities is our human mind, our intelligence. If we use it well we'll be successful and happy.
When I work a game as an analyst, all I do is look at the game like a coach. Why was something successful? What makes it work? I just try to use my expertise and whatever insight I have to the game.
Even if you follow other people's advice and model successful people and their blueprints, you will still fail if you don't have confidence in yourself. Everything - absolutely everything - starts with you.
You cannot know if you will be successful or not. You can only prepare for battle and it must be done with all of your heart and with all of your consciousness. In that manner, you will have an edge.
To believe in the supernatural is not simply to believe that after living a successful, material, and fairly virtuous life here one will continue to exist in the best-possible substitute for this world, or that after living a starved and stunted life here one will be compensated with all the good things one has gone without: it is to believe that the supernatural is the greatest reality here and now.
Pick up any newspaper or magazine, open the TV, and you'll be bombarded with suggestions of how to have a successful life. Some of these suggestions are deeply unhelpful to our own projects and priorities - and we should take care.
There is no such thing as Success....That a thing is successful merely means that it is; a millionaire is successful in being a millionaire and a donkey in being a donkey.
This is what I find most magnetic about successful givers: they get to the top without cutting others down, finding ways of expanding the pie that benefit themselves and the people around them. Whereas success is zero-sum in a group of takers, in groups of givers, it may be true that the whole is greater than the sum of the parts.
After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. What we have learned is to avoid them. To the extent we have been successful, it is because we have concentrated on identifying one-foot hurdles that we could step over rather than because we acquired any ability to clear seven-footers.