Being Warren Buffett - Life lessons from a cheerful billionaire by Nic Liberman
The annual Berkshire Hathaway shareholders’ meeting held in Omaha, Nebraska in May has become a fixture on the calendar for an incredible 40,000 attendees, all eagerly anticipating an audience with chairman, and investing genius, Warren Buffett.
But what has made Warren Buffett, the world’s most successful investor, so extraordinarily brilliant? In his new book Being Warren Buffett: Life Lessons From A Cheerful Billionaire, author and investor Nic Liberman reveals the essence of this cheerful billionaire.
Loyalty. Humility. Patience. These are just some of the key personality traits possessed by Warren Buffett. He is at once frugal and greedy, in ways we least expect. He is free of envy and narcissism, which might be considered unlikely in his line of work. Liberman has identified these qualities through an analysis of Buffett’s extensive writings and, in this series of short essays, muses on the way fourteen particular traits manifest themselves in Buffett’s behaviour – and how they contribute to his bottom line.
Ultimately, Liberman concludes, Buffett’s ‘secret’ is a happy (and lucky) mix of psychological characteristics that combine to create the perfect mindset for making money. Importantly, there is a lesson here for us all; that, in the end, this ‘secret’ is available to everyone who is willing to pursue the perfect marriage of personality and profession.
Part-philosophical reflection on Buffett-as-man, part-investigation into the mechanics of what fuels his enormous capacity to accumulate wealth, Being Warren Buffett is a unique book that will challenge everything you thought you knew about investing and ask you to delve deep into your own psyche, to question your own motivations, along the way.
Hardie Grant Books, 7 May 2015, £12.99 hardback, also available in eBook