by winston » Thu Sep 25, 2014 7:18 pm
“Avoid-At-All-Costs” List: Life Advice from Warren Buffett
Warren Buffett is a pretty smart (and rich) guy to say the least.
One way he got this way is by making an "avoid-at-all-costs" list, which helped to keep his focus laser sharp.
Buffett recommendds making a list of the top 25 things you want to accomplish in the next few years.
Then, pick the top 5 that are most important to you. Now you have split your list into two - the top 5 most important goals, and the 20 goals that are secondary.
Those 20 goals are now your "avoid-at-all-costs" list... they get in the way of you getting your top 5 goals done.
That's how the big Buffett gets stuff done!
It's all about "how much you made when you were right" & "how little you lost when you were wrong"