Ravi Gilani

One of the best books that I have read recently. It have learnt insights not only for making money but also how to live in a meaningful manner. Sharing below a few priceless insights. …. People with enduring personal finance success—not necessarily those with high incomes—tend to have a propensity to not give a damn what others think about them. Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you. ….. We can spend years trying to figure out how Buffett achieved his investment returns: how he found the best companies, the cheapest stocks, the best managers. That’s hard. *Less hard but equally important is pointing out what he didn’t do.* *He didn’t get carried away with debt.* He didn’t panic and sell during the 14 recessions he’s lived through. He didn’t sully his business reputation. He didn’t attach himself to one strategy, one world view, or one passing trend. He didn’t rely on others’ money (managing investments through a public company meant investors couldn’t withdraw their capital). He didn’t burn himself out and quit or retire.