Warren Buffett doesn't schedule much. In fact, some weeks, he barely schedules anything at all. And when Bill Gates When he first saw Buffett's nearly empty calendar, it flipped his whole view of productivity.
"You know, I had every minute packed, and I thought that was the only way you could do things," Gates said during a 2017 roundtable with Charlie Rose And the fact that he is so careful about—he has days…
"That there's nothing on it," Rose said, jumping in.
"That there's nothing on it," Gates repeated.
"Absolutely," Buffett added.
Don't Miss:
- The maker of the $60,000 foldable home has 3 factory buildings, over 600 houses built, and big plans to solve housing issues. this is your last chance to become an investor for $0.80 per share.
- Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!
Gates was amazed. "It's very high tech, be careful, you might not understand it," he joked, describing Buffett's plain paper calendar.
Rose pointed out that in one week of April, there were only three entries. Buffett responded, "There will be four maybe by April."
Gates added, 'File taxes.'
But it wasn't just a novelty. Gates said the real lesson was about time management—and who actually controls their schedule. "Sitting and thinking may be a much higher priority than a normal CEO , where there are all these demands and you feel like you need to go and see all these people," Gates said. "It's not a proxy of your seriousness that you fill every minute in your schedule."
Buffett agreed. "People will want your time," he said. "It's the only thing you can't buy. I mean, I can buy anything I want, basically, but I can't buy time."
Trending: Maximize savings for your retirement and reduce taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation .
Rose said, "So to have time is the most precious thing you can have."
"I better be careful with it," Buffett said. "There is no way I will be able to buy more time."
Buffett also credited his Omaha lifestyle with helping him preserve that time. "For 54 years, I spent five minutes going each way. Now, just imagine that was half an hour each way. I would know the words to a lot more songs, and that's about it."
Rose pointed out how much time that actually adds up to If you're talking an hour a day difference coming and going, and that's two and a half percent of a person's work week. That means over 40 years, you're talking about a year.
The mutual admiration wasn't just about calendars. Buffett said, "I learn from him. I like to learn from all friends, and Bill happens to be a particularly good source. That's the fun of having friends, Charlie."
See Also: Invest where it hurts — and help millions heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold .
Gates said one of Buffett's most important lessons came before they even met. "He wrote an article for Fortune magazine The text provided does not contain any non-English content, so no translation is needed. The answer is the same as the input:
When asked if they saw eye-to-eye on politics, Gates said, "On almost everything. The general sense that you've got to keep the economy turning for greater output, and that you have to allocate it in a fair way. Yes, that basic framework we see very much the same."
Turns out, you don't need back-to-back meetings to run a business empire—you just need a little space on your calendar and the discipline not to fill it.
Read Next:
- Yes, the text is translatable. Here is the translation: Here’s what Americans think you need to be considered wealthy.
- Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can invest with $1,000 at just $0.30/share.
Image: Shutterstock
© 2024 media news. Media news does not provide investment advice. All rights reserved.
SPONSORED
Retirement can be a difficult part of life to navigate, and a financial advisor can help. Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you're ready to find an advisor who can help you achieve your financial goals, get started now.
This article Billionaire Warren Buffett Said Time Is The Only Thing Money Can't Buy — 'I Can Buy Anything I Want…But I Can't Buy Time' originally appeared on media news .
0 Komentar