By ANOOP ABRAHAM
Warren Buffet is the world's most popular stock market investor. He is known as the Oracle of Omaha (he lives and works in Omaha in the Nebraska state of the US). One of the richest people in the world, Mr. Buffet's net worth was estimated at $133 billion (as little over 11 lakh crore rupees!) in April this year.
During an interview with Forbes magazine, he was asked about the best investment one can make. Mr. Buffet’s answer had nothing to do with investing in the capital markets. Instead, he said:
"Ultimately, there is one investment that supersedes all others: Invest in yourself.
Nobody can take away what you’ve got in yourself, and everybody has potential they
haven’t used yet."
Buffett added: “You’ll have a more rewarding life not only in terms of how much money you make, but how much fun you have out of life; you’ll make more friends the more interesting person you are. So go to it, invest in yourself.”
When Warren Buffet was young, he was terrified of speaking in public and it would
make him physically ill, so much so that it would make him throw up.
Because of this fear of public speaking, he purposely selected college courses that
never required him to speak to the entire class. If ever he got himself in a
situation where he had to speak up, he could hardly mutter his name.
He decided to do something about his fear by signing up for a $100 Dale Carnegie
public speaking course.
He said this course changed his life. “If I hadn’t done that, my whole life
would have been different”. Mr. Buffet credited the public speaking course with having the biggest
impact on his hugely successful investing career.
Add value to yourself
Now, I’d like to ask you a question.
What are some of the things that you can do to invest in yourself? And, add value to you?
Perhaps you could spend more time traveling, reading, practising yoga and
meditation, going for daily walks, journaling, and learning a new skill/language. Or, like the Oracle of Omaha, join a new course of study.
I invite you to slow down, ponder this question, and start taking action on the answers
that arise.