Sunday, February 27, 2005
Advice That Rings True
ADVICE THAT RINGS TRUE
An efficiency expert once concluded his lecture with the comment,
"Please don't try these techniques at home."
"Why not?" he was asked.
"I used to watch my wife prepare breakfast and wondered why she made so
many trips to the table carrying only one item at a time," he replied. "One
day I asked her, 'Wouldn't it be quicker and more efficient if you
organized
yourself to carry several things to the table at once?'"
"Did it work?" he was asked.
"Oh, yes, it worked," the expert replied. "It used to take my wife twenty
minutes to prepare breakfast. Now I do it in seven."
Not all advice is readily received. And sometimes it is not heard the way
it
was intended. But neither should all advice be followed; rather, wisdom
learns to separate kernels of truth from weeds.
Some advice worthy of consideration, though, comes from one of the richest
people in the United States, offered to 380 high school students in Omaha,
Nebraska. Here are five suggestions multi-billionaire Warren Buffett gave
his audience:
1. Avoid credit cards. If you are going to make progress, you will not do
it
by borrowing at 18 to 20 percent interest.
2. Develop integrity, which guides intelligence and energy. Buffett said he
looks for these three qualities in hiring people. "If they don't have the
first one, integrity, the other two will kill you."
3. Establish good habits, picking people to admire and following their
example, while learning to weed out attributes that are not admirable. "If
you do that," he admonished, "two or three years from now you'll find out
the person you admire most will be yourself."
4. Learn about companies before investing in them; do not rely on someone
else's advice.
5. Choose professions for love of the work, not money.
"If you are not loving life, you are not living love."
Some advice just rings true. The wise will follow.
__________
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