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Here are five things that I have learned specifically from the Oracle of Omaha the past 25 years of my waking life.

00:08 Speaker A

First, you can be a ruthless business person, but you don’t have to be a total jerk in the process.

00:15 Speaker A

Buffett is viewed as having done business in a right and honest way.

00:18 Speaker A

Good to see.

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Two, saying no is a powerful tool in life.

00:23 Speaker A

You have never seen Buffett do 30 TV interviews a year, even though we all want him to.

00:28 Speaker A

He has been able to channel all his focus on building a successful Berkshire Empire.

00:32 Speaker A

Three, it’s great to be the go-to person.

00:36 Speaker A

In times of crisis, Buffett has been the person to visit for a loan or great advice.

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In turn, that has allowed Buffett to make great deals for Berkshire shareholders.

00:44 Speaker A

Four, having an amazing business partner is often critical to success critical to success.

00:49 Speaker A

Berkshire and Buffett wouldn’t be where it is today without the guidance of longtime partner Charlie Munger, who died in 2023.

00:56 Speaker A

And lastly, know when to strike.

00:58 Speaker A

Buffett has scored favorable deals and investments because he knew when the time was right to strike.