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Warren Buffett's 10 Ways To Get Rich

warrenbuffett.com

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Re: Warren Buffett's 10 Ways To Get Rich

#15

How about listening to actual rich people, not those who run websites acting as if they know what made someone rich.

In that case, may I recommend The Millionaire Next Door?

http://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/d...

EDIT: Must say I'm not really sure why I was downmodded; this is an excellent book (a classic really) that provides advice from 'actual rich people'. Maybe it's the get-rich-slowly aspect?

Re: Warren Buffett's 10 Ways To Get Rich

#16

How about listening to actual rich people, not those who run websites acting as if they know what made someone rich.

Unavoidable.

How about this less scientific but more practical approach. Go ahead & listen to W Buffet, Cuban or anyone else because they made it. You have a limited amount of listening you can do.

Then use sense, common or otherwise.

Re: Warren Buffett's 10 Ways To Get Rich

#17
post #14

How about listening to actual rich people, not those who run websites acting as if they know what made someone rich.

btw failure stories may be even more interesting.... generalizing from incomplete data sets (winners only) is dangerous.

Only if you have a scientific mindset. Otherwise it might be just inspiring ;)

A lot of rich people didn't theorize much about how to get rich. They just followed their gut feeling about how to execute, and they did it with confidence. Maybe the confidence makes all the difference.

Re: Warren Buffett's 10 Ways To Get Rich

#18
post #15

How about listening to actual rich people, not those who run websites acting as if they know what made someone rich.

In that case, may I recommend The Millionaire Next Door ? http://www.amazon.com/Millionaire-Next-Door-Thomas-Stanley/d... EDIT: Must say I'm not really sure why I was downmodded; this is an excellent book (a classic really) that provides advice from 'actual rich people'. Maybe it's the get-rich-slowly aspect?

When you get down to 0 or -1 often it's just assholes being arbitrary or pedantic. Don't worry about it. Asking why you were downmodded is a sure way to get dowmodded more though; it annoys people.

Re: Warren Buffett's 10 Ways To Get Rich

#20
post #2

why is this typo-riddled article, full of "folksy" tales, on the front page? "save money and reinvest profits"? is that so, cap'n obvious? :D

It's not obvious. Most of the people on this site, if they sold their website or whatever project for 100.000, will blow at least 20.000 on pointless stuff.

There is nothing wrong with blowing 20% of whatever you make on pointless stuff (though 10% would probably be more prudent), key is not blowing the other 80%.
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