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| Develop Principles to Guide You Through Life |
“Who do you admire?” a third grader asks his grandpa.
“One is Warren Buffet. He has principles and principles don’t change. They are your guide to help you be happy, successful, and care for others. You are never too young to learn them.”
Find work that you love
Even when you are very young you will boost your chance of success and happiness. Learn to like work, not sitting around being lazy. Find joy in working hard and focus on that. Any job can create satisfaction. Warren Buffet happens to like working and reading about numbers. He likes to say he’s been able to “tap dance to work.” He means he likes to do his work. Search for things you really like in school. They are there. Pay attention in school, ask questions, volunteer, participate, discuss, and work hard. Buffet says, “I just have a great time time every day. I’m getting to do exactly what I want to do in life and it doesn’t get any better than that.”
Stay calm under pressure
Warren Buffet avoids making emotional decisions, panicking, losing his temper, or acting out. Take deep breaths, count to ten, say a little prayer, take a walk, make a little joke, laugh it off, or chuckle and discuss later.
Don’t compromise your integrity
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| Never Stop Learning |
Help someone when you know it’s the right thing to do. If someone is being bullied on the playground don’t be a bystander. Tell someone of authority, speak out, or redirect the group. If someone is lying, stealing, or cheating, get out of there. Don’t be a part of the situation.
Never stop learning
Warren Buffet reads, learns from books and newspapers, asks questions, and thinks. He reads 500 pages a day. Always have a couple books going—school books, fiction, and nonfiction. Have an insatiable appetite for learning. “That’s how knowledge builds up like compound interest,” Buffet says. Compound interest is when you earn money on the money you’ve already made.
Polish your Communication Skills
Talk in front of groups of people every chance you have. Volunteer to be in front of people. Mr. Buffett is known for his folksy way of talking about subjects so people can understand. He said he was terrified about public speaking and had to learn how to do it in a Dale Carnegie class. He faced his fears and overcame them.
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| Keep Life Simple |
Don’t Overspend
You don’t need all that stuff. Keep life simple.
Stick to Your Principles
Think for yourself. Don’t always follow your friends. Your parents and faith have taught you right from wrong. Some books to read are Becoming Warren Buffett by Roger Lowenstein; IBD Buffett article by Adam Shell, for adults; The Tale of Tortoise Buffett by Lucas Remmerswaal, for kids; wnmufm.org/Learning Through the Seasons; grandparentsteachtoo.blogspot.com; Facebook and Pinterest.
Photos, Fran Darling, fdarling fotos
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