Warren

Warren Buffet and Michael Bloomberg have advice for giving Generation Z better jobs: prioritize “good vibes”

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Starting your professional career is not easy. Bringing it to fruition, even less so. The job market has changed drastically since Warren Buffet and Michael Bloomberg made their first steps (they are 95 and 83 years old), but of course their professional trajectories, decisions and holding the unofficial title of best investor in history It gives them enough authority to give advice. Because they also give them very good ones: Buffet has already spoken before about the importance of knowing how to say noas prioritize your professional goals either know how to focus. Well, Warren Buffet and Michael Bloomberg give a recommendation for Gen Z that is entering the labor market: pay attention to the environment. The beginnings of Bloomberg. As the tycoon said on the podcast In Good Company by Norges Bank Investment Management, after finishing university in the 60s, Michael Bloomberg barely earned $11,500 a year (not bad, considering the time and that today would be equivalent to $114,000). But Bloomberg, with a pretty good CV considering he had an MBA from Harvard under his belt, had the option of earning more. More money is not always better. Another company offered him $14,000, but he opted to stay at the Wall Street investment bank Salomon Brothers for the people. In fact, initially the bank had offered him $9,000 and a loan of $2,500, which he knew how to take advantage of by laying the foundations for his empire. He gave up that higher offer and it worked out fine. “Don’t feel sorry for me, but I will never forget that people make the mistake of going to work where they get paid the most,” he concluded in the aforementioned podcast. For Bloomberg, at the beginning of your career the essential thing is: “You have to gain experience, you have to build friendships, you have to try things and see what works and what doesn’t.” There are certain jobs you shouldn’t take. Warren Buffet also shared this same mentality of prioritizing people over pay. At its last shareholders meeting at Berkshire Hathaway was blunt: “Don’t worry too much about starting salaries and be very careful who you work with, because you will end up adopting the habits of the people around you” because “There are certain jobs you shouldn’t take.” And it’s not the first time he’s said it. In fact, more than 20 years ago at another shareholder meeting of the same company, a 14-year-old boy (who was already a shareholder) asked the question “What advice would you give to a young person like me to be successful?” His answer: surround yourself with people better than you. “Choose collaborators whose behavior is better than yours, and you will end up moving in that direction.” GenZ doesn’t have it easy. It must be recognized that the advice is good, but also that the youngest people face runaway inflation, an unstable and weak labor market threatened by AI and a pressing difficulty accessing housingso they need a good salary like never before. In any case, something has not changed from the generation of Buffet and Bloomberg to the genzetters: the fear of the unknown and uncertainty. In Xataka | “I never wanted to create a dynasty”: after announcing his retirement, Warren Buffet is clear about what to do with his immense inheritance In Xataka | Bill Gates and Warren Buffett have the same answer when someone asks them “the secret to success”: focus Cover | Bloomberg Philanthropies and Fortune Live Media (Flickr) USA International Trade Administration – YouTube

Hundreds of billionaires pledged to donate their fortune. The philanthropic era of Bill Gates and Warren Buffett has come to an end

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In 2010, Bill Gates and Warren Buffett teamed up on an unusual project: convincing hundreds of millionaires that They didn’t need half his fortune and they owed billions of dollars to philanthropic projects. Sounds crazy, right? Well they got it. However, the model promoted by these two regular figures in the top 10 with the greatest fortunes in the last four decadesappears to be reaching a tipping point. They are coming tax reforms and moral incentives are not supported by the always convincing fiscal incentives. The golden age of philanthropy among millionaires could be in its final stages. Gates and Buffett’s original plan. The project The Giving Pledgelaunched by Gates and Buffett 15 years ago, invited hundreds of the world’s billionaires to sign a non-binding pledge promising to donate at least half of their fortune to charitable causes during their lifetime or after their death. Since its creation, more than 250 billionaires from 30 countries have signed this commitment, adding a combined fortune close to $600 billion in potential donations. according to calculations of Business Insider. Despite the magnitude of the figures, in recent years the viability of this model of collective philanthropy has been questioned. Warren Buffett himself recognized in his last letter to Berkshire Hathaway shareholders that its plan to engage and motivate the ultra-wealthy “hasn’t worked,” assuming the idea of ​​a golden age of mass philanthropy may be coming to an end. According to a recent report of the Institute of Political Studies, of the 256 signatories of the commitment to donate half of their fortune, only nine have fulfilled their promise. Open doors to philanthropy. The approval of the “One Big Beautiful Bill” Act, a fiscal package that imposes a 10% tax to foundations with more than $5 billion in assets, has significantly altered the philanthropic plans of many billionaires. The withdrawal of tax incentives makes donations They are no longer such a priority for great fortunes. According to what he told Fortune Kathleen McCarthy, director of the Center on Philanthropy and Civil Society“The insidious thing about this is that it will seriously affect the large liberal foundations like Gates, Ford and Soros”, which contributed millions of dollars to social, health and educational projects. “Whereas conservative foundations are much smaller and will pay a much lower rate,” McCarthy stressed. New ways to donate. This new scenario, which alienates large foundations from the front line of giving, is pushing philanthropists to look for alternative ways to give and modify their strategies. “Billionaires will begin to look for alternative mechanisms when they realize that they are being forced to close their foundations,” explains McCarthy. Practices like direct donation practiced by MacKenzie Scott, ex-wife of Jeff Bezos, and her Yield Giving foundation are gaining ground. Your strategy: donate the money directly to the organizations that develop the projects. Without intermediaries or segmentation of funds. According to a report of the Center for Effective PhilanthropyScott has already awarded more than $19.25 billion to 2,450 nonprofit organizations. This is how Bella DeVaan, from the Institute for Policy Studies in the article Fortune“I think she sets the trend and is an ethical reference in the way of donating money, as Gates has been.” Buffett’s family legacy. Although the era of massive philanthropy seems to end, Warren Buffett has not stopped giving. With Buffett’s retirement as head of Berkshire Hathaway, the investor has delegated part of his fortune in donations to the charitable foundations of his three children and his late wife. Annually, the veteran investor has been distributing billions in the form of actions to strengthen the family legacy and ensure that its wealth benefits society. However, in his latest donations from the millionaire a striking absence has been noted: the Bill and Melinda Gates Foundation has already does not appear among its beneficiaries. In Xataka | The True Legacy of the Duty Free Founder: How Chuck Feeney Inspired Bill Gates and Warren Buffett Image | Flickr (Fortune Live Media)

Why although it seemed to belong to a genre and a condemned franchise, ‘Warren file’ has been a box office bombing

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Absolutely overwhelming has been the box office of the fourth and, apparently, the last installment of ‘Warren file’, subtitled ‘the last rite’, in its first weekend. Can boast of being the second best premiere of a horror movie in history (Only behind ‘IT’ in 2017, although these data always have to take them with tweezers, for that of inflation and other issues that relativize the records). Absolute or only relative triumph, the figures in any case are impressive. When I didn’t have them all the movie to be. The best file. 187 million dollars worldwide (104 of them at the international box office, 83 million in the American, 4.1 in La Española) endorse the premiere as the best in the franchise. It has also been a good support for IMAX screens, where it has generated 14.3 million dollars, the best premiere of the giant format in the horror genre. With these figures, the ‘Warren’ file (which also includes the spin-offs ‘the nun’ and ‘Annabelle’) becomes the highest grossing of horror cinema, with 2.3 billion accumulated dollars. A key moment. This film arrives at a key moment for the franchise. Although the main deliveries of the series have always enjoyed a great box office, Criticism has not always treated them well: this, without going any further, has a 56% in Rotten Tomatoes. Only the first two deliveries rise from 80%, while films such as ‘The Nun’, ‘Annabelle’ or the third ‘Warren’ file are between 25 and 55%. Although Criticism and box office do not always go hand in handit is a reflection of a certain boredom and exhaustion signs that can then have an impact on the box office. It has not been the case, among other things because they are cheap films (between 20 and 50 million budget) and very profitable, however scarce the collection is. Terror is fashionable. To calibrate the proportion of this success, it may be good to compare it with a couple of recent successes of the genre, As Jorge Loser did in Bluesky: Only in his first weekend, ‘The last rite’ has entered 67 million dollars more than ‘the substance’ and ‘return it’ together and in all its careers. And these yes, films venerated by critics. A few weeks ago we talked about How gender is In good streakchaining a success after another (this summer, for example, ‘Weapons’ and the aforementioned’ return to me have dominated the box office): the resurgence of terror in the tastes of the people thanks to the streaming And his low cost in front of the blockbusters are making the genre live an extraordinary moment. The exhausted formula. However, and despite the roller that has made the film with this week’s box office, the bad reception of criticism is natural: the formula has become a copy of itself, and in recent years the clones have emerged everywhere, even outside the franchise itself: ‘Liver us from evil’, ‘ouija’, ‘corpse’, ‘Winchester’ … even in Spain we have had ‘Verónica’ Patron: Demonic houses, possession of innocent creatures and scares very often shot with an identical visual pattern. There is a whole arc of approaches to this style, from The most artie of A24 (which has already configured the aesthetics of the genre with ‘Heredityary’) to that of the most verbenera Blumhouse, which prepares a new sequel to ‘Insidious’, whose first deliveries have also been key to shape this subgenre of horror movies. The box office is no longer infallible but in most cases the public continues to respond very positively. Why horror cinema works despite everything. Apart from the reasons listed above, there is an extra. In times when the industry is buried of clonic formulas, as with absolutely all the large -budget blockbusters and where the authorship of a film has ceased to be a value (the directors of Marvel movies, for example, are completely exchange), horror movies bet on constant surprise and forced differentiation to get attention. Of course, terror is not safe from franchises or farms, but it is taken in another way: with more humor and more carefree. As in ‘Warren File’, belonging to a saga is not a chain that prevents flying free, but an excuse to increase volume and nonsense. The horror cinema has ended up being one of the scarce redoubts of creativity within commercial cinema and the public understands it intuitively. There is no bad criticism that can with that. Header | Warner In Xataka | The great triumph of “high terror”: how fantastic cinema has invaded the main nominations of the 2025 Oscar

Bill Gates and Warren Buffet have shared the same key to be successful: choose what to focus on

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Bill Gates’ father brought together several people, among whom He was Warren Buffett, and asked what it was, in a word, The secret of his success. Both Microsoft’s founding millionaire and his good friend Buffett responded exactly the same: focus “You must focus. Eliminate distractions. Commit with only one thing and become excellent in it. “These are some of the advice that insistently repeat many productivity experts, such as the author of ‘Atomic habits‘, James Clear. This idea sounds logical. However, the big question for those who read those advice is How to know what to focus your energies. Experience before choosing How to know what to dedicate your attention and energy if you don’t know what really interests you? That is one of the questions you must answer before asking yourself What to focus on. Before deciding on what to concentrate your energy, it is necessary to try different paths. As Clear tells In your personal experienceDuring his first year as an entrepreneur he made many mistakes: “I launched my first product without having an idea who would sell it (big surprise, nobody bought it).” Therefore, your recommendation is Do not get obsessed with a single idea will work. It is necessary to try between four and five different alternatives for a while and, if it does not convince you, go to the next. This approach to “try things until something is easy” is essential because, regardless of the objective, it must adapt to your nature and skills. If you are looking to be more productive, experience with several Organization techniques. However good they are and no matter how much they work To people in your environment, you may not adapt to your way of working, To your biorhythms or your way of processing the information. Simply stop committing you to work with you and try Another different technique. The same happens if your goal is to start exercising, prove different sports. Maybe the Running Don’t be yours And it seems bored, and what you really enjoy is yoga or paddle. As the author of the Best seller on productivitythe important thing is not to obtain that a single option must work at all costs. Leaving behind what does not fit with you will allow you to discover what best suits your personality and lifestyle. Choose and Persevear: Invisible work Once you have experienced enough to discover what fits you and what is not, it is time to decide What are you going to focus on. As Clear explains, there comes a time in the process in which you don’t need more information, you just need to make a decision. This is one of the most difficult moments, because it implies putting aside the constant search and commit yourself to a single option. It’s time to focus. From here, perseverance becomes fundamental. Real progress It is not usually visible at the beginning. For example, you must be aware that, if you start going to the gym, you will have to do thousands of repetitions before noticing physical changes. If you want to be a great chef, you will first have to cook many mediocre (or bad) dishes. As Ira Glass pointed outfounder of the podcast This American Life“Your taste is good enough to notice that what you do disappoints you.” That is, only through repetition and constant learning the basis of success for a project, regardless of its nature, begin to lay. It doesn’t matter if it’s about Study oppositionsimprove your productivity, read more either Acquire new habits healthy The practice and art of simplifying Excellence is achieved with constant practice. After going through the phases of experimentation and hard work, the time comes when you can start simplifying. James Clear summarize it like this: “Only after completing the repetitions you will understand which parts of the task are fundamental for success.” It is then, when You have created a solid systemWhen you can Cut processesbetter choose your tools and eliminate what does not provide value. Getting something simple is, paradoxically, the most difficult. As wrote Blaise Pascal: “If I had more time, I would have written a shorter letter.” True mastery consists in knowing exactly What is essential and what is accessorysomething that is only achieved after a lot of practice and learning. Each person has their own rhythm, but the path to simplicity and approach inevitably happens through experience and perseverance. In Xataka | Lack of motivation is a problem for productivity. The trick to avoid it is simple according to science: start Image | Unspash (Ioann-Mark Kuznietsov), Flickr (Fortune Live Media, World Bank Photo Collection)

They asked Bill Gates and Warren Buffett how they would define their success in one word. They did not hesitate: focus

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At 94, Warren Buffett Ha “Hang” your investment notebook After more than six decades as one of the brightest and most accurate investors of Wall Street in front of Berkshire Hathaway. For his part, Bill Gates spent four decades directing Microsoft. Both became Milmillonarios with it and agree that they would never have achieved it if it is not for a key factor: to focus on achieving their goals. Focus on something and be constant. In one Interview for CNBCBuffett said that on one occasion Bill Gates gathered a group of 20 people – among which Bill Gates was – and asked them to write a word that explained their success on paper. “Bill and I had only seen each other twice and we didn’t know what the other was writing. We both wrote the same word: ‘Focus‘” Both Bill Gates and Warren Buffett attribute much of their fortune and legacy to their ability to avoid dispersion and keep the course for decades. For them, the approach and the ability to focus on a single objective is not only a skill, but the basis on which their empires built. While others played, Gates scheduled. As detailed in his autobiographical book ‘Code Source: My beginnings’Adolescent Gates discovered that programming was a creative way of structuring ideas that tests their logical thinking, which made it become obsessed with creating different programs when access to a computer was a scarce resource only reserved for universities and large companies. Gates and his companions of the “Computer Fourth” of high school managed to get free shared access time to one of those expensive computers and learn to program when very few knew how to do it. This obsession with the software has provided a fortune valued at 112.7 billion dollars, according to Forbes Start is an advantage. In An interview For Charlie Rose’s program in 2016, Gates said that “what you do obsessively between 13 and 18 years is what is most likely to take you to global success. The only thing I did obsessively between my 13 and 18 was to write software.” According to Buffett, in the same way as Gates He focused on learningHe did it to learn to invest. “He focused on software. I concentrated on investments. Starting very young gave me a great advantage. There is no doubt about it,” said the investor nonagenarian. According to Times of Indiaat 11 years the “Oracle of Omaha” was already beginning to make his steps in the investments with $ 114.75 that he had saved. With them he bought three actions from the CNIES Service oil and gas company (now called Citgo). Bill Gates became a millionaire at age 20 thanks to the software company he had founded with his secondary school friend Paul Allen. Warren Buffett had to wait until 32 years for his heritage to exceed six figures. Prioritize and avoid distractions. Having clear priorities has been essential for Gates and Buffet not to waste energies in projects that did not bring them closer to their goals. Bill Gates told to CNBC that He had focused all his life In a single project: Microsoft. During his first 20 years leading Microsoft, his routine revolved exclusively around software development, sacrificing weekends and vacations to achieve its goal: that each home had a personal computer. In An interview for Vanity FairPaul Allen, co -founder of Microsoft and Gates’s partner in its beginnings in programming, said that “Microsoft was an environment of great stress because Bill directed others as hard as he did with himself.” Warren Buffett’s strategy: focus and long term. From a young age, Warren Buffett, chose to specialize in long -term investmentsavoiding the temptation to search Quick earnings. Your strategy During all this time it has been based on identifying solid companies, investing in them and maintaining the actions for years or even decades letting the Time and compound interest They would grow their money. Buffett calls this investment style the “snowball effect”. In the Annual Berkshire Hathaway Shareholders Board of 1999Buffett joked with his inverting precocity. “We started building this small snowball at the top of a very long hill. The key is to have a very long hill, either starting very young or living to very old.” The 94 -year -old veteran investor has met both conditions for Finish your career With the fifth greatest fortune in the world, with a “snowball” valued in 156.6 billion dollars. In Xataka | The two Warren Buffet lists: the millionaire investor technique to prioritize professional objectives Image | Flickr (Fortune Live Media), Wikimedia Commons (Jennifer Jacquemart)

After announcing his withdrawal, Warren Buffet is clear about what to do with his immense inheritance

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In a little less than five months Warren Buffetthe “Oracle of Omaha” will fulfill nine and a half decades of life. The years nevertheless have kept their acuity, interest and especially their ability to amaze intact. He has demonstrated this weekend, when after the massive share of shareholders of Berkshire Hathaway and for pasmo from his team (including who his successor will be) advertisement His intention to leave the position of CEO of the holding company At the end of the year. The position will pass to the current vice president, Greg Abel. Warren Buffet did not mention his other responsibility, that of President of the Council, which A priori will happen to his son Howard; But the announcement recalls one of the maxims shared by the famous Omaha investor: his rejection of the long “dynasties”. So much is in fact that, beyond the Berkshire Shareholders Board, Buffett has already left it All tied so that the enormous fortune that adds its actions in Berkshire is destined for philanthropic work. “The time has come”. Throughout his extensive and brilliant career as a investor, Warren Buffet has done more than earning billions of dollars and becoming the fifth largest fortune on the planet, according to The list Forbes. It has also become a respected voice. And feared. It was clear on Saturday during the massive share of shareholders of Berkshire Hathaway held in Omaha (Nebraska) with the assistance of thousands of people. There, in addition to talking about the accounts of the holding companyconfirm your Huge volume of liquid In full stock storm and launch some other Indirect with political reading, buffet gave the big surprise, “the news of the day”, in His own words: The veteran investor advertisement His desire to leave the position of executive director of Berkshire Hathaway. He will do it at the end of this year, when he passes the reins of the current vice president, Greg Abel (62), whom Buffett chose as his successor four years agobut that Saturday was not aware of the last plans of the businessman. In fact Buffett had only shared them with his children. Click on the image to go to Tweet. What exactly will it do? “The time has come for Greg to become the CEO of the company at the end of the year and I want to communicate it to the directors and give that recommendation,” Buffett explained. In his announcement he referred exclusively to the position of CEO, not that of President of the Council, responsibility that he also holds. According to revealed in January The Wall Street Journalthe succession plan goes through his son Howie Buffett (70 years) who assumes the role of non -executive president of Berkshire Hathaway. Your mission will be to maintain the corporate culture of the holding company. Even if the reveo to Greg Abel is going to spend, Buffett explained that he does not have “No intention” To sell his participations from Berkshire Hathaway, he will remain as a shareholder and assured that he will continue “around there”, although he guaranteed that the responsibility of the CEO will fall on his successor. “I think Berkshire’s perspectives will be better under the direction of Greg than under mine.” The Holding CEO will have the challenge of taking over from a legendary figure of finance that Berkshire Hathayway turned into a giant investor with a market capitalization that has grown in a form practically constant From the 90s and it is one of the great US companies, just behind the “Big Tech.” The future of his fortune. It is not the first time that Warren Buffett clears what will be the future of his legacy. In November 2024 The investor published A letter aimed at the shareholders in which he already gave some clues about what he planned to do with his fortune, which was then valued in 149.7 billion of dollars and Forbes places now in around 168,200. His desire happens because much of that wealth is destined for philanthropic causes, a commitment assumed by buffet himself in 2006. In the Charter he shared in fact his decision to convert 1,600 of his class A actions into 2.4 million class B shares, with less right to vote, to distribute them among family foundations. Most of them was dedicated to Susan Thompson Buffetta beneficial organization created in 1964 and is named after Buffett’s first woman. A 56% cut in eight years. “The donations I make today reduce my class A actions from Berkshire to 206,363, 56.6% less than in 2006,” he detailed in Your letter At the end of 2024, in which another key fact owes: at his death, his children will be responsible for “gradually distributing” all their participations in the holding, which they represented at that time around 99.5% of their entire heritage. The tycoon therefore leaves his children the task of distributing everything possible to beneficial causes. In case it does not give them time in life (he is between 67 and 71 years old), the mission will go to three anonymous trusts that would replace them. “I have never wanted a dynasty”. Buffett’s letter is interesting for something else: in it the investor shares reflections on the future, legacy and family. And it is pronounced redhead against long business lineages. “I have never wanted to create a dynasty or pursue any plan that extended beyond the children. I know all three well and fully trust them. Future generations are another issue,” reveals. “Who can foresee the priorities, intelligence and fidelity of successive generations to deal with the distribution of extraordinary wealth in the midst of what can be a very different philanthropic panorama? Even so, the enormous wealth that I have gathered can take longer to deploy than what my children live. And it is likely that the decisions of the tomorrow take better three brains buffet trench Before announcing the designation of three successor trusts, younger than their children, who arrived at the time would be … Read more

The great fortunes are bleeding with the collapse of the bag. Warren Buffett has hit his old recipe again

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Financial markets are living A moment of maximum turbulence causing the value of the actions in all markets in the world to collapse from its opening. According to Bloombergsince Thursday, the 500 greatest fortunes in the world already They have lost more than 536,000 million dollarswhile its companies record falls valued by more than 5.4 billion dollars, As he pointed out Reuters. However, meanwhile chaos and justifying the nickname of “Oracle of Omaha”, Warren Buffett seems to have anticipated the collapse taking the appropriate measures to minimize losses. Buffett is the only one whose fortune is not written in red numbers. The devil knows more by old … When Warren Buffett began to get rid of his positions in Some of the main technological ones They were shot in the stock market, many thought that the veteran investor had lost their heads. They continued without understanding anything when the veteran investor accumulated the more than 325,000 million dollars that he obtained from their sales, and He preferred to pay taxes for them to invest again. Today, those who laughed, don’t laugh so much. As stock indices such as S&P 500 are minced– With a collapse of 17% since its February peak, and the Nasdaq falling more than 20% – Buffett’s decision to bet on liquidity and low -risk assets demonstrates its ability to Read the market with enviable precision. His movement has not only allowed him to protect the capital of Berkshire Hathaway, but also increase your own fortune In a context where the vast majority of Milmillonarios is registering losses in the assessment of their assets. As a good veteran In this investmentBuffett’s recipe for these moments of uncertainty is not very different from the one that applied in previous stock market crises: “There is simply no way of knowing how much actions can fall in a short period. However, when important falls occur, they offer extraordinary opportunities for those who are not limited by debts.” In a Opinion article for The New York Times In 2008, the millionaire gave another track about How to anticipate and act before moments like the one we are living: “A simple rule dictates my way of buying: being afraid when others are greedy and being greedy when others are afraid.” After capitalizing a good part of his actions, Warren Buffett now You have the portfolio to overflow with cash and ready to take advantage of generalized falls to buy the best bargains. Therefore, now all eyes are put in the next Buffett movements. The big fortunes lose, but buffett resists The main fortunes record losses so far this year except Warren Buffett. Source: Bloomberg The impact that the announcement of The commercial war that has begun USA has especially hit The technological magnateslike Elon Musk and Jeff Bezos, whose fortunes have been reduced in 130,000 million and 45.200 million Of dollars, respectively, in what we have been in 2025. Larry Ellison, meanwhile, has left 42.1 billion dollars after the last falls and Mark Zuckerberg has lost 28.8 billion so far from 2025. Faced with this scenario, Warren Buffett’s fortune has remained out of generalized losses. Berkshire Hathaway class B actions even They have risen 7.7% this yeardespite suffering a slight correction in the last week, the result of the widespread fall of international bags. But it keeps its green counter so far this year. While others suffer the impact of the international exhibition of their portfolios and the fall of technological ones, Buffett did the homework in 2024diversified their investments to focus on sectors less exposed to imports and with a strong presence in the United States, such as insurance, energy and transport. Buffett not only withdrew a good part of the money from Berkshire Hathaway investors, but also chose to invest that liquidity in short -term treasure bonds, whose profitability has recently increased, thus raffling the collapse of the markets. In his Annual letter to shareholders February, Buffett explained that these bonds offer a “predictable gain” and one effective volatility protection of the market. This approach allowed him to avoid the generalized losses that have affected investors exposed to sectors such as technology, where Apple – one of the old jewels of their portfolio – dropped 28% since its peak, due to their high dependence on China. “Berkshire’s shareholders may be sure that we will always display a substantial part of their money in shares,” he said in his letter, although he adds that, as always, his goal is Companies with good foundations. In Xataka | In January, a group of millionaires supported the US president: they have already lost 209,000 million dollars in their mandate In Xataka | In 2000 Amazon fell 80% in the stock market. Bezos’ response leaves a clear lesson: we must not trust the markets Image | Unspash (Maxim Hopman), Flickr (Fortune Live Media)

Justine Musk revealed one of the best productivity secrets that Elon Musk shares with Warren Buffet: saying no

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Justine Musk is the first wife and mother of six of 11 children children of Elon Musk. He shared a life with Musk even before he became a millionaire after the sale of Zip2. This perspective of Elon Musk, before and after being a millionaire, has allowed the now writer and lecturer to discover one of the secrets of the success of the richest person in the world: say no. During a TEDx talk in 2014Justine Musk highlighted Elon Musk’s ambition and ability to focus, but also a talent that not everyone possesses, such as saying no. Saying no is saying yes As Justine Musk explained, a good part of her ex-husband’s success lay in saying no to many things that they were going to consume your timeto say yes to others that were going to lead him to success. “He said no to people who wanted his time, attention and energy. He said no in a way that protected his resources so he could channel them toward his own goals. And I understood that behind every no there is a deeper ‘yes’ to what what you want,” Justine said in her talk. “Your deep yes is your right to dream,” the writer concluded. The author of six books pointed out that this ability to saying no is a talent which is acquired at a young age and their children also began to develop it. As Justine Musk said in her TED talk, her children were already exercising their power by refusing to do certain things, thus reaffirming their individuality and the talent of wanting to be masters of their own schedule. However, Justine herself recognized that she herself had lost that ability to say no to others between the ages of eight and thirteen. The writer highlighted that this ability to know how to say no to other people not only denotes power to confront negative reactions of whoever requests to occupy your time, also reveals precision in the management of one’s own time and intention. Warren Buffett has his calendar full of noes Elon Musk is not the only one who values ​​his time above anything else and therefore preserves it from any interference. Warren Buffett is also very careful with the use of his time and has the ability to keep his calendar with large spaces available. This was revealed by his good friend Bill Gates during a intervention on the Charlie Ross show in which both millionaires talked about the topic. Bill Gates pointed out how careful Warren Buffett is with his time. “The fact that he’s so careful with time, he has days where there’s nothing on (his schedule)…sitting and thinking can be a priority much older. “It is not an indicator of your seriousness that you have occupied every minute of your schedule.” Greg McKeown, in his book ‘Essentialism‘, highlights a curious paradox about productivity, stating that true productivity is not about doing more, but about doing less. Saying no to other people prevents you from loading your to-do list with tasks unrelated to your goals, so they should be eliminated at all costs. At first, saying no may take an internal effort, but in the long run, that turns into more time to dedicate to what really interests you. In Xataka | Being kind at work is positive, as long as doing so does not affect productivity: the benefits of saying ‘No’ Image | Flickr (NASA HQ PHOTO), TEDx Talks

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