Warren Buffet says "Invest in yourself"

They say, you are the creator of your own fate. So this easily means that whatever time, money, and energy you put into yourself, you'r kind of investing these things for your own self. So I think we all will easily resonate with what Mr. Warren Buffet has to tell us. But it's just that all this is easily available that's why we either get complacent or we keep postponing things. And that's why not many people find success.

@somewitch I've known and heard that some people develop the guilty feeling towards money making. But to be honest, and I am not at all exaggerating when I say that, I haven't seen even a single such person who admitted that he feels guilty because he is earning a lot of money. On the country I have come across a few people who have amassed a considerable amount of wealth. However, I am not sure if the money they earned was through honest or dishonest ways. I want to add one more thing. There are a couple of my own relatives who just managed to make both ends meet. But after their two sons studied well, they got good government jobs. They started earning well. After that the approach and mentality their parents totally changed. It started to show in their approach that they don't need anyone. It's money that can do their work. They don't need people.

@abhi_bangal Oh I see, it can mean many things. Yeah, it might be true many people develop "guilt" towards making money or becoming wealthy, as money is seen as the root of all evil or power turns people into monsters. Unconscious fears along with the need to belong to a group, I guess.

Yeah. These are some serious words from the legend and I am sure who can think logically, will never refuse to accept them.

@anya12adwi Off late, one thing is striking me and it's getting over me. I am getting overwhelmed by that. The thing is about reading. I have heard many times in the past that you should keep reading. But I didn't really "understand" what the importance of reading and keeping ourselves updated was, until I started taking some interesting shares and stock market. This is one thing where you should not only keep reading about the current affairs, and what's happening around the world, but you should also read the basic and fundamental things regarding any company where you would want to invest. Without knowing the background, the financial condition, the details like who is on the managing body, who is the CEO, who are the directors, it becomes very difficult to put your money in a company. When there are trustworthy people, then you can bet on any brand. I'm sure, @porwest - our good friend Jim Bauer, can throw more light on this and also analyze if I am explaining in the correct way or not.

@abhi_bangal It is also the truth! Investing in oneself will only enrich one!

When such words of advise come from a legend like Mr Warren Buffet, it makes a lot of sense. No one can doubt his experience. And what he has said is nothing less than pearls of wisdom.

Yes. Upskilling is the best way.

@Dreamerby Should I say investing in yourself and upskilling go hand in hand? If you try to explain these two terms to yourself, you will find that they don't differ much. So, as far as I am concerned, I will tell myself that investing in yourself is nothing less than upskilling, which is the best way.

Well, when it comes to stocks or share markets, I have seen that your inputs have always been a bit different and they carry some content, some weight behind it. You know what I'm trying to say. So I will say I didn't have the understanding of the basic idea behind Mr Buffet's statement. As you pointed out it's like taking advantage of the opportunities and also amassing wealth. This wealth is always somewhere around us only. But would you agree that we also need to keep learning new things like soft skills, etc.? What would your views be regarding this?

@porwest Your very first sentence saying, "wealth is not ever limited by money" speaks a lot. In the first place, wealth and money are two different things. And secondly, we can figure it out how wealth is or can be limited and what can limit it. These are easily the thoughts of an experienced man in the field of financial planning. It shows clearly. Also yes, when we stop learning something new, it is the halt of our growth in multiple ways. Since we have started exchanging messages here, I have learnt a few new things. But more than that my mentality towards learning new things has changed. I was a bit complacent and used to postpone things. But my that bad habit is also coming to an end slowly. And I feel happy for that. Exactly said! One remains a student the whole of his life. And that's how it should be.

@abhi_bangal As it has long been said, a man can become rich with a good idea alone. What that means is that even if someone wants to start a business, they don't necessarily need money do that. They need a good idea and they need to be able to answer very specific questions investors might ask of them to give them the seed capital they need to get started. But even if it's not a business one starts, but it's simply wanting to create wealth. It doesn't require money as much as it requires knowledge. A wise man knows $1 is worth $1 to most people. But to wealthy people $1 is worth more. It's because they realize not just the value of $1, but they understand what the value of $1 can be depending on how it is used.

I think that's because the definition of success, money, fame, etc are all subjective terms. May be you'll be satisfied with what you have. And you'll call yourself successful. I may crave for more and never be satisfied. It's for each one of us to determine that. And most importantly, we all should know where to stop. By the way, who are you mentioning upfront? h.roshan??

@grenery8 Oh he is Hrithik Roshan. He had been in the list of the most handsome men in the world. And he is a skilled dancer. Quite flexible. It's a pleasure to watch him dance. Well, it's ok that at times any video pops up in YouTube Shorts. But I'm surprised how good video popped up. Because if not that popping thing, then related videos are shown. Anyway, you might have seen his movies dubbed in English, maybe? You definitely haven't watched movies "with" him . But you might have certainly watched his movies. I'm just pulling your leg, my friend.

@abhi_bangal yes, indian actor.he popped up in my youtube shorts today.i also watched movies with him and love his dancing skills

You have talked about having our own strength and weaknesses in a very beautiful way. What appealed to me is when you said some strengths will only be achieved if we seek. This is so true. Yes there are people who are gifted. Everyone is different and everyone is unique. But when it comes to having a particular strength it needs to be sought and for that you need patience, perseverance and most importantly, discipline. When we use terms like "investing" and "investments", the first thing that comes to our mind is money and finance. Let's take it for granted that it's not wrong. But investments are also looking after your own self, loving yourself, and believing in yourself. The more you try to understand those three words, the more layers of meanings you will discover. And that's the beauty of experienced people talking.

It's good that you have pointed out some examples which easily mean investing in yourself. Which I totally agree with is buying a house, and more than that saving for the retirement. But I'd like to add what @Dreamerby - Aparna Sen said. Upskilling is also more important. What we call it in other words like learning soft skills to keep yourself updated with the current trends. Though I haven't heard the entire interview of Mr Warren Buffet, I am sure he might also mean that upskilling means you should be updated and keep teaching yourself new things always.