Tuesday, September 19, 2006

How to get comfortably well to do in life?

The simpliest formula to this is to do what a person loves to do. By doing what you like to do, you are in the top half of the crowd - the other half being those who dislike doing what they do. So when you do what you love to do, naturally, you increases the odds of you doing well. Common sense will tells you the odds are against you if you do something where you are neither here nor there.

Here are quotes from given by the most successful investor, Warren Buffett and one of his associates, Mr Wertheimer, from Iscar.

"Do what you love. Buffett was asked for tips on how to make the first million, but he had no answer. Stef Wertheimer came to his aid, telling the questioner, "Do what you love - do it well and you'll succeed." Buffett agreed. "Stef is right. I enjoy what I'm doing very much. If you do what you really want to do, that's what will get you going."

Another quote from Mr Buffett to those who do not practise the intelligent way of investment and rely on charting or timing the market.

"Be greedy when others are fearful. Be fearful when others are greedy."

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