The Buffett Formula is far from complicated. In fact, “formula” is a bit of a misnomer. According to the Oracle of Omaha, the key to success is going to bed a little smarter each day.
Progress Is Power
When you make improvements on a daily basis, even incremental ones that are virtually unnoticeable in the short-term, it’s important to remember that time is on your side.
Warren Buffett Says Anyone Can Achieve Success by Following 1 Simple Rule He Calls the Buffett Formula, Marcel Schwantes
It’s when you look back in six months, or a year, or a decade that you’ll start to notice astounding results that you never could have predicted.
Buffett points out the strong similarity with investing, saying “That’s how knowledge builds up. Like compound interest.”