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lastlib

(23,238 posts)
Sun Nov 26, 2017, 12:07 PM Nov 2017

Warren Buffett on Happiness:

https://www.cnbc.com/2017/11/20/warren-buffett-this-mental-exercise-will-make-you-happier.html

If you're feeling less excited about life than he is, here's a quick exercise that Buffett suggested to the students — that you also can use — as a way to remedy the situation. (Appropriately for Buffett, the exercise uses the stock market as an analogy.)

Here's how it works: First, imagine the people in your life as publicly traded companies — some will succeed and their value will rise, some will flounder and watch their value fall.

"Imagine that I am going to give you an hour, and in that hour, you have to pick one of your classmates to own 10 percent of for the rest of your life," Buffett said.

"Then, when you write that person's name down, I will ask you to list the reasons or qualities that caused you to pick that person." Look for someone you predict will keep gaining value, who you would "buy long," according to Buffett.
Next, Buffett says think about someone who you would "sell short," which means you expect their value to decrease....


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Interesting insight!
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lastlib

(23,238 posts)
4. Very true. I would be much happier if.....
Sun Nov 26, 2017, 12:18 PM
Nov 2017

...I didn't have to worry about whether I'll have a roof over my head next year, or if I was going to be able to pay the next month's health insurance premium.

RKP5637

(67,108 posts)
5. Yep, it's a struggle. Even if you do everything supposedly right in life it's a perpetual struggle.
Sun Nov 26, 2017, 12:23 PM
Nov 2017
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