"Berkshire had a big task ahead. It solved that problem by avoiding bureaucracy and relying on one thoughtful leader as he kept improving and brought in more people like himself."
Buffett’s time spent admiring the work of others reminds us of how Darren Hardy, in The Compound Effect, advises the habit of daily writing down something you admire about your spouse and then at some point sharing it with them. This process both positively affects how you see them and how they feel appreciated by you.
Great stuff, thanks for sharing Frederik!
This comment from Munger stands out to me: "He would also spend much time in enthusiastically admiring what others were accomplishing."
Buffett’s time spent admiring the work of others reminds us of how Darren Hardy, in The Compound Effect, advises the habit of daily writing down something you admire about your spouse and then at some point sharing it with them. This process both positively affects how you see them and how they feel appreciated by you.
Brilliantly compiled writing about WBCM. I liked each line of this and every line is deserved to be an anecdote for future references 🤗👍.
Outstanding article, thank you.