Advice from Warren Buffett

Known as the most successful investor of the 20th century, Warren Buffett recently said:

USCurrency_Federal_Reserve“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when.”

Mr. Buffett does his research when he is considering an investment opportunity. He said, “Risk comes from not knowing what you’re doing.”

Although extraordinarily wealthy, he has a realistic view concerning money. “Money will not change how healthy you are or how many people love you.”

“Don’t risk what is important to you, to get what is not important to you.” Warren Buffett shares his wealth freely and launched the Giving Pledge which encourages the world’s richest people to share at least half their wealth with charity while they are still living.

Raised as a Presbyterian, Mr. Buffett says he is now an agnostic. He may not realize, however, that his words of advice can apply to one’s relationship with God.

  • “If you’re right about what, you don’t have to worry about when.” As hard as it is, I try to leave the “when” to God because He is the One with an eternal perspective. I trust Him to do what is right in His perfect timing.
  • “Risk comes from not knowing what you are doing.” The biggest risk in life is doing things without God’s guidance. I don’t always know what to do, but God does and He promises to direct my steps.
  • “Money will not change how healthy you are or how many people love you.” That is true. Riches are uncertain. God’s love is not. Instruct those who are rich in this present world not to be conceited or to fix their hope on thjesus_nails_1e uncertainty of riches, but on God, who richly supplies us with all things to enjoy (1 Timothy 6:17).
  • “Don’t risk what is important to you, to get what is not important to you.” Every earthly life comes to an end. What should be important is what will last for eternity.

It is hard not to admire Warren Buffett for his investment insight and philanthropy, but I do not envy him. I pray that this smart and generous man will receive Christ into his life.

I don’t know when I will die, but I do know what will happen. I will meet Jesus face to face because I know Him who invested His life for mine. The riches He gives will last forever.

“For what will it profit a man if he gains the whole world, and loses his own soul? Or what will a man give in exchange for his soul?”  (Mark 8:36-37).

(This was originally posted on my other website – http://www.onefocusministries.com)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: