The Tim Ferriss Show

#219: Lessons from Warren Buffett, Bobby Fischer, and Other Outliers

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Feb 2, 2017
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ANECDOTE

Buffett's Day Planner

  • At dinner, Warren Buffett showed his day planner, which was empty.
  • He values time and spends it reading and seeking acquisitions.
INSIGHT

Buffett as a Business Builder

  • Warren Buffett is known as an investor, but he primarily builds businesses.
  • He acquires and holds companies long-term.
ADVICE

Investing Advice

  • Individual investors enter a competitive arena.
  • Develop an edge, like informational, analytical, or behavioral, to succeed.
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