Discover new books on Goodreads
Meet your next favorite book
Co-operative building societies enabled people to save for a home; another Yorkshire town, Halifax, gave birth to what became the largest bank in Britain. Co-operative insurance societies enabled people to reduce risks. Co-operative
...more
“Be who you are and say what you feel, because those who mind don't matter, and those who matter don't mind.”
―
―
“On me personally what has been the most important was to understand the value of time -- and this is something that has come from observing him, learning his story and that time compounds. What you do when you are young (and as you use time over your life) can have an exponential effect so that if you are thoughtful about it, you can really have powerful results later, if you want to.
Also, that is a reason to be hopeful, because compounding is something that happens pretty quickly. If you are 50 or 60, it is not too late. He said to me one time, if there is something you really want to do, don't put it off until you are 70 years old. ... Do it now. Don't worry about how much it costs or things like that, because you are going to enjoy it now. You don't even know what your health will be like then.
On the other hand, if you are investing in your education and you are learning, you should do that as early as you possibly can, because then it will have time to compound over the longest period. And that the things you do learn and invest in should be knowledge that is cumulative, so that the knowledge builds on itself. So instead of learning something that might become obsolete tomorrow, like some particular type of software [that no one even uses two years later], choose things that will make you smarter in 10 or 20 years. That lesson is something I use all the time now.”
― The Snowball: Warren Buffett and the Business of Life
Also, that is a reason to be hopeful, because compounding is something that happens pretty quickly. If you are 50 or 60, it is not too late. He said to me one time, if there is something you really want to do, don't put it off until you are 70 years old. ... Do it now. Don't worry about how much it costs or things like that, because you are going to enjoy it now. You don't even know what your health will be like then.
On the other hand, if you are investing in your education and you are learning, you should do that as early as you possibly can, because then it will have time to compound over the longest period. And that the things you do learn and invest in should be knowledge that is cumulative, so that the knowledge builds on itself. So instead of learning something that might become obsolete tomorrow, like some particular type of software [that no one even uses two years later], choose things that will make you smarter in 10 or 20 years. That lesson is something I use all the time now.”
― The Snowball: Warren Buffett and the Business of Life
Studying Psychology
— 297 members
— last activity Feb 26, 2015 03:28PM
Psychology is a fascinating subject that can elicit great discussion. Here we discuss various kinds of psychology, recommend and review psychology boo ...more
Think [the box] ing
— 315 members
— last activity Jul 29, 2018 09:06AM
NOTE: Please refrain from using this group to promote your book. Such posts will be deleted. For all those who appreciate thinking, discussing and de ...more
Spencer’s 2025 Year in Books
Take a look at Spencer’s Year in Books, including some fun facts about their reading.
More friends…
Polls voted on by Spencer
Lists liked by Spencer























































