Warren Buffett’s Formula for Success: One Good Decision Every Five Years

, he also ruminated on the past 58 years, and he managed to summarize his career in two numbers. The first was Berkshire’s returns over that period: 3,787,464%. The second number was smaller and less precise but no less astonishing.Mr. Buffett, who is 92. “That would be about one every five years.”A personal, guided tour to the best scoops and stories every day in The Wall Street Journal.One every five years! There have been more blue moons since he took control of Berkshire.

“The weeds wither away in significance as the flowers bloom,” wrote Berkshire’s chairman and chief executive. “Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s.”

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