Download and customize hundreds of business templates for free
Warren Buffett, known for his frugality and simple lifestyle, named his private jet 'The Indefensible' as a reflection of his personal philosophy. Despite being a billionaire, Buffett has often criticized excessive spending and luxury. By naming his private jet 'The Indefensible', he is acknowledging the irony and extravagance of owning a private jet, which is contrary to his usual principles of simplicity and frugality.
Question was asked on:
Buffett has lived his life avoiding those who would criticize him, and while he is a storied business mogul, he is not so cool, calm, and collected in his personal life. One of the only tycoons who never showed off his wealth, he even named is private jet "The Indefensible." In line with his simplistic personal lifestyle, he applied those same principles to his business life, with four simple rules of investment; don't invest in something you don't understand, distrust debt, be in there for the long term, and build in a margin of safety.
Asked on the following book summary:
When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impossible for multi-billionaire investor Warren Buffet...
Download and customize hundreds of business templates for free
What principles made Steve Jobs one of the greatest inventors and product visionaries of the 21st century? Biographer Walter Isaacson raises the curtain on this secret. Isaacson’s book is a comprehensive study of a man who changed history. It dives into the life of Jobs to help us understand how a blend of technology and liberal arts can be the master key to transformative value.
Elon Musk's ascension has been described by experts as the fastest bout of wealth creation in history. So how did he do it? In this book, the inventor and entrepreneur opens up about the rocky road he traveled and the inner chamber of his life and work. Plus, hear from firsthand experiences of those who came to love Musk – or hate him – during the two decades he created companies.
Have you ever wondered how Amazon managed to grow from the first online bookstore to a global technology leader in just 20 years? Jeff Bezos' humble internet startup has become a well-known case study as a company that built an agile, efficient and productive business. In this book, risk and growth expert, Steve Anderson, identifies specific Cycles of Growth and 14 “Growth Principles” based on patterns he observed within shareholder letters written by Jeff Bezos between 1997 and 2018.
Chairman and CEO of the Walt Disney Company, Robert Iger, tells his story and lays out the principles that successfully guided the legendary brand through seismic shifts. Read this summary to find out ways to embrace change, operate with integrity, and succeed through pragmatic risk-taking.