Editor’s note: This article was first published in August 2013, for Buffett’s 83rd birthday. Its ages, its references to his “most recent” advice and its claim that investors still fail to beat Berkshire’s returns reflect 2013.
Warren Buffett has just turned 83. Born in Omaha on 30 August 1930, he is considered the greatest investor of this century, so we are taking the occasion to look back at the best advice from this man that we have gathered on this blog over the years, not only about investing but about practically every aspect of life.
Warren Buffett’s investment guidelines
A few months ago I summed up Warren Buffett’s best investing advice in 16 points, which explain perfectly how this investing genius thinks. (You can read it here: Buffett’s 16 best pieces of investing advice.) Anyone who wants to get started in investing won’t be fully prepared until they understand each of these points.
A documentary about Warren Buffett
In this documentary we get to see the inside of Berkshire Hathaway and hear, first-hand and in Buffett’s own words, some of his particular points of view. It is simply a must-watch. (Warren Buffett documentary: inside the mind of a genius.)
Buffett’s lessons for business
Behind a privileged mind for investing lies a true business genius; there is no doubt that Warren Buffett is an even better businessman than investor. (4 lessons from Buffett applied to business.)
Buffett’s advice for women in their careers
As you might expect, Warren also offered advice to women who want to get started in business and succeed in their professional careers, with 8 excellent tips. (Warren Buffett’s advice for women.)
Do you need a high IQ to get rich?
In a talk to MBA students at the Richard Ivey School of Business, Buffett gave his view on the relationship between success and IQ. (You don’t need a high IQ to succeed.)
The keys to financial success
Warren Buffett’s own son tells us, first-hand, the lessons he learned from his father for achieving financial success in life. (The 10 keys to financial success.)
How to make a million dollars, or how to make 1,000 dollars 1,000 times
There was a book that inspired Buffett to build his great fortune, and perhaps it has gone unnoticed by the general public. Here we summarized what it really means to make 1,000 dollars 1,000 times.
A talk by Warren Buffett
And finally, a talk by Buffett (subtitled in Spanish) in which we see a plain-spoken, humble man advising a group of university students. (Warren Buffett’s talk on investing and business.)
Advice from Warren Buffett’s circle
Many people have dealt with Warren Buffett, from friends and colleagues to business partners.
Bill Gates published a piece on his LinkedIn account explaining the 3 things he learned from Warren Buffett.
Of course, to understand Buffett you would need to understand how the people who made him who he is today thought. Here we can’t leave out the view of his teacher Benjamin Graham, considered the best investor in history. (Lessons from the man who taught Buffett, Benjamin Graham.)
Last, and most recent, we have a complete picture of Buffett’s right-hand man, Charlie Munger, to whom we devoted two outstanding articles with some rather unusual points of view that depart from the common thinking of today’s investors. And that is why, to this day, those investors still fail to beat the returns of Berkshire Hathaway’s investment portfolio:
- Munger (part 1): active or passive investing?
- Munger (part 2): to diversify or not to diversify, explained as never before
And to better understand Warren Buffett’s right-hand man, we published an article with his 5 secrets for building wealth, which is required reading.
All that remains is to thank Warren Buffett for sharing part of his wisdom with all of us and to wish him a happy birthday. It may sound like a cliché, but let’s hope he celebrates many more, for the good of Berkshire, among other things.
