
Billionaire Warren Buffett offers 3 "minimalist" principles
There are many temptations in life. If we are too greedy and want to do everything, sometimes we will not only fail to achieve our goals but also stagnate. According to billionaire Warren Buffett, here are the things you need to give up and “minimize” to become rich soon.
1. Principle of energy minimization
Sometimes, we are not successful not because we do not work hard enough, but simply because we use our time and energy in the wrong place. This leads to you always seeming extremely busy, but in the end still getting nothing back.
Psychologist Roy Baumeister once mentioned the theory of “self-depletion”, meaning that everything we do is a process of energy depletion, and each loss of energy will affect our ability to perform.
Therefore, in daily life, sometimes because you are too busy having fun, you will run out of energy before doing some serious work. If the mind is preoccupied and pays attention to too many things, over time, we will not be able to focus on things that are truly valuable.
According to Warren Buffett, "energy minimization" is when we focus our limited energy on important things, urgent work that needs to be handled, or things that bring a lot of value. Only then can you achieve good results in everything.
2. Principle of minimizing relationships
For Warren Buffett, relationship minimalism is about having fewer but quality relationships. He believes that everyone should keep their social relationships as simple as possible. Give up useless interactions and do not waste time maintaining relationships that are not useful, or can even cause trouble for us.
Most people say: "Many friends, many connections". In fact, this is not entirely true. Smart people understand that connections are not about large scale but about subtlety. If you are busy embracing and maintaining all relationships, you will have no time left to do other things.
Distinguish and filter your personal relationships. Like a group of excellent, motivated people who can lead us to progress together; or people who can bring emotional value to each other and are difficult to let go of in life. In particular, reflect on those people who only know how to vent negative emotions on us, affecting our own progress...
3. The principle of emotional minimalism
When a person is overwhelmed by negative emotions such as anger, anxiety, fear, etc., they often lose their mind and make impulsive and reckless decisions, which can easily get them into bigger trouble. Warren Buffett's letter to his children says: "The most important thing is to have stable emotions and not let emotions control your investment decisions."
Whether in life or work, we must keep a cool head and look at the difficulties we encounter rationally. Only in this way can we quickly make the right decisions, overcome obstacles and turn defeat into victory.
Warren Buffett's success is an extremely typical case. The investment market is very unpredictable, if he were an emotionally volatile person, it would be difficult to reach the heights he has today.
Owning a large fortune is not necessarily too difficult for some people, but if you want to maintain long-term wealth, you must know how to continue to hone your skills and understand the rules of making money.
News in the same category


Researchers Discover Desert Shrub That Targets Colorectal Cancer Cells, Leaves Healthy Tissue Intact

Man Says Goodbye To His Wife As They Took Her Off Life Support, But Then She Utters 5 Words

Why Is It Called Spam, Anyway? A Brief Inbox History Of The Product That Was Sold Over 8 Billion Times

Experts Are Drawing Attention To A Disturbing Noise That People Produce Just Before They Die

Instead of Cutting Down Trees, Japan Moves Them to Make Room for Roads

Researchers Have Now Identified Four Distinct Types Of Autism

$400m Virginia Bridge Sparks Viral Confusion After Appearing To Vanish Into Water

Here’s What It Really Means When A Man Turns His Back In Bed

Scientists Warn of a Silent Epidemic: Men’s Testosterone Levels Are Plummeting — And Here’s Why

If You See A Man With One Painted Fingernail, Here’s What It Means

This house looked like it was about to fall into itself until one family stepped in

New Study Finds the Human Brain Processes Reality in Up to 11 Dimensions

Scientists just completed the first brain scan study of ChatGPT users. The results are terrifying.

It’s Official! Mexico City Has Banned Bullfighting, Ending A 500-Year-Old Tradition

Scientists Warn Of “Doomsday Tsunami” That Could Obliterate U.S. Coastlines

If You See Abandoned Stroller On The Side Of The Road, Here’s What You Must Do

Prophet Who Predicted Covid-19 And Queen’s Death Foresees Chilling Future

Man Says Goodbye To His Wife As They Took Her Off Life Support, But Then She Utters 5 Words

Missing Mom Eaten By Her Two Pet Wiener Dogs As She Lay Dead In Her Home
News Post

First High-Resolution, 3D Digital Image of the Titanic Revealed

Researchers Discover Desert Shrub That Targets Colorectal Cancer Cells, Leaves Healthy Tissue Intact

Man Says Goodbye To His Wife As They Took Her Off Life Support, But Then She Utters 5 Words

Why Is It Called Spam, Anyway? A Brief Inbox History Of The Product That Was Sold Over 8 Billion Times

Experts Are Drawing Attention To A Disturbing Noise That People Produce Just Before They Die

Instead of Cutting Down Trees, Japan Moves Them to Make Room for Roads

Researchers Have Now Identified Four Distinct Types Of Autism

Beyond Weight Loss: Ozempic Users Report Surprising Mental Health and Taste Bud Changes

Woman Declared Dead for 27 Minutes Scribbles Haunting Message Upon "Return to Life"

Unlock Health: Surprising Benefits of Drinking Baking Soda Water

Homemade Face Gel Recipe: Collagen-Boosting Gel for Glowing, Youthful Skin
By making your own Homemade Okra Face Gel, you can harness the skin-boosting properties of this humble vegetable, along with other potent natural ingredients like aloe vera, flaxseeds, and tea tree oil.

DIY Fermented Rice Water Toner for Glowing Skin: Fade Dark Spots, Shrink Pores & Boost Radiance
By incorporating this DIY toner into your skincare routine, you can enjoy the benefits of traditional beauty practices backed by modern scientific understanding.

Super Drink for Weight Loss: Lose Weight in Just 21 Days
This super drink is a simple, affordable, and natural solution to support weight loss and improve digestion.

50-Year-Old Man Dies from Destroyed Liver: '2 Pains and 2 Itches' Appearing Abnormally Indicate Liver Disease

Breakthrough: Doctors Have Found a Way to Transform Cancer Cells Back to Normal

Losing Both Kidneys Before 30: Doctors Warn of 2 Habits That Cause Kidney Failure, Affecting Many People

Homemade Collagen Powder Recipe for Youthful, Glowing Skin: Boost Elasticity and Fight Wrinkles Naturally
Packed with vitamins, antioxidants, and essential nutrients, this drink nourishes your skin from the inside out, helping you achieve smoother, firmer, and more youthful skin.

Black Water To Reverse Grey Hair: Mixed These Seeds As Spray Water To Restoring Youthful Hair Color In Shortest Time
Black water, with its unique blend of Amaltas, fenugreek, and kalonji, provides a safe, affordable, and effective way to tackle grey hair, strengthen hair follicles, and improve overall scalp health.

Okra Ice Cubes: The Ultimate Anti-Aging Collagen Treatment for Youthful, Glowing Skin
With a combination of easily accessible ingredients like okra, aloe vera, green tea, and lemon juice, you can create a potent anti-aging remedy that hydrates, firms, and rejuvenates your skin.

4 Best DIY Skin Gels for Radiant, Youthful Skin: Wrinkles, Dark Spots, and Glowing Complexion
From the antioxidant-rich flaxseed gel for wrinkles to the hydrating aloe vera gel for glass skin, these DIY remedies provide a cost-effective and gentle alternative to chemical-laden products.