“I just sit in my office and read all day,” he says. Buffet is known as a voracious reader and his educational background proves it. According to him, reading is the only way to stay on top of your game in regard to new markets, trends, stock fares, and other opportunities. He also believes that it is the only way to get ahead in an investment market that requires dynamism and careful thinking.
Speaking with the PUNCH recently, Investment banker and Convener the Boardroom, Kelechi Godfrey, highlights that reading books will open your eyes to the “importance of taking control of one’s life at an early stage to control their financial future and making sound decisions. It is major lessons are to; live within your means, save and invest wisely and seek advice from knowledgeable experts.”
Building resilience and a fixed investment mindset is one way to get the best out of your investment and Buffet buttresses by saying that developing an owner’s mindset, and seeing the potential of the business as yours is an important way to not be swayed by emotions. Personal Finance expert and Founder of Fintribe, Jennifer Awirigwe, says that discussing concepts like earning, savings, and others with children, should help open up a more relaxed atmosphere.
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