Warren Buffett's Advice For Introverts

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The Financial Review

The Financial Review

Күн бұрын

Warren Buffett and Charlie Munger speaking at the 2008 Berkshire Hathaway annual meeting.
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Пікірлер: 107
@vcab6875
@vcab6875 Жыл бұрын
Introverts can be very confident before an audience. To some it comes natural. Introverts just do not desire to do more than a couple of hours a day of human interaction.
@Ryan-mj6rc
@Ryan-mj6rc Жыл бұрын
That’s me
@badwolf01
@badwolf01 Жыл бұрын
I came here to write the same thing. Communication and fear of public speaking is not the same as being introverted. The definition that I always clung to is that an extrovert gets energy from interacting with others, whereas an introvert loses energy. I imagine that the lack of confidence with public speaking often is a result of being introverted, because we avoid it. So I guess the takeaway that I would get is that even though it can be antithetical for an introvert, they need to invest in their communication skills.
@hineko_
@hineko_ Жыл бұрын
@@badwolf01 you lose your energy on maintaining social appearance and behaviour which your think are expected of you. Subconsciously you seek approval of others and that doesn't let you to relax.
@I_need_a_new_user_name
@I_need_a_new_user_name Жыл бұрын
Yes. I’m introverted but love public speaking. But I used to get sick thinking about giving a speech….until I had to take a public speaking class in college
@junesuprise
@junesuprise Жыл бұрын
@@hineko_ yes! Finally something deeper and closer to truth about introverts/extroverts. You heard that somewhere or came to conclusion yourself? Maybe you can recommend some learning sources?
@Nonduality
@Nonduality Жыл бұрын
As others have commented, being an introvert doesn't mean failure as a public speaker. Nor does being an extrovert guarantee success as a public speaker.
@larryo6874
@larryo6874 Жыл бұрын
I took a Dale Carnegie course around 1985 and found it very useful. Every class had everyone give a five minute talk. The instructor never criticized anyone but gave compliments although the people taking the class could be more critical but generally people gave helpful advice.
@larryo6874
@larryo6874 Жыл бұрын
@@Yash-rz2ks You can still take his course but of course from a different instructor.
@jatinrai659
@jatinrai659 Жыл бұрын
Loved the way Charlie summarised everything
@JaceTan-90
@JaceTan-90 Жыл бұрын
Introverts might not be outspoken all the time, but what the lack on that, they replace with listening and strategic conversation 😊
@danielmantell3084
@danielmantell3084 Жыл бұрын
For me, I worked at a local Carnival one summer doing a Balloon Pop game. I had to yell to stupid stuff to strangers all day, which I was absolutely terrible at initially. After having the guy that ran the game get on my case about it over the next few days I eventually just started doing it. Essentially it's just acting, you become the character you are trying to portray and don't get so embarrassed because it's essentially the character that people are judging. It still sucks and you feel like an idiot, but you just have to accept looking like an idiot. After a lot more pretending over the course of many years, it ended up just becoming part of who I am. Now I get in trouble for being too loud and boisterous, which is hilarious to me because when I was young I was so shy would literally cry if I had to talk to strangers. I'm still super introverted and get stressed about public speaking, but when I start doing it I'm generally fine. You just need to not take it too seriously. Decide what you want to say and just do your best. I definitely agree public speaking is one of the most important skills. I've gotten many jobs because I'm good at speaking with people. It's also really useful in most work, as effectively communicating gets things done faster with less mistakes. I do wish there was less stigma for introverts though. The problem is extroverts have the loudest mouths so they keep espousing their ideas about what is correct as gospel, while the introverts keep silent. A lot of commonly held ideas about social norms are just wrong, but the people they effect negatively aren't able to fight back and think they are abnormal. I've wasted a lot of my life trying to conform to others ideas of happiness, only to be become far less happy as a result. Be effective but aside from that just be comfortable.
@jamesmaddox7567
@jamesmaddox7567 Жыл бұрын
Very well put. As Shakespeare put it, the world's a stage and you an actor. You can be whoever you want to be if you put your mind to it. It just comes more easily to some people, but you can train yourself as best as you can before your performance.
@4lsgsh
@4lsgsh Жыл бұрын
There’s a lot of confusion between being shy/unconfident and introverted. They are not the same.
@eljuanman999
@eljuanman999 Жыл бұрын
Yeah, but this does apply to introverts
@Gudrun_micheal
@Gudrun_micheal Жыл бұрын
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@Gudrun_micheal Жыл бұрын
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@Gudrun_micheal
@Gudrun_micheal Жыл бұрын
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@Bluemgwes
@Bluemgwes Жыл бұрын
The woman who asked the question did so in a very satisfying manner. Very well articulated.
@CIA.2024-u9b
@CIA.2024-u9b Жыл бұрын
Introversion is not being shy or scared of public speaking.
@maalikserebryakov
@maalikserebryakov Жыл бұрын
True
@KeithFlint350
@KeithFlint350 Жыл бұрын
Everyone says I'm an introvert. It's not that I'm avoiding people or so. I've just figured out, that very often it makes no sense to interact with anybody. Why would I do that? I don't join complaints about wars, shortage of whatever, viruses etc. If there's a group that deliberately focuses on what's positive around us, I'm happy to join. In the meantime, I'll keep interacting just with myself and wait for others to join me 😄
@spoddie
@spoddie Жыл бұрын
He's confusing shyness/social anxiety with introversion. I over came shyness, but I'm still introverted. I can turn it on, for an hour or so, to speak or teach, but then I'm exhausted.
@rashedulkabir6227
@rashedulkabir6227 Жыл бұрын
What is the name of her book?
@JGComments
@JGComments Жыл бұрын
He’s just speaking to it as well as he can from his own experience. It doesn’t mean he’s confusing the two concepts. You can take the useful parts and apply it to you own situation even if it’s not exactly the same.
@barbeonline351
@barbeonline351 Жыл бұрын
I think you can argue that one is an "illness" drawn from the other. I haven't looked for data, but take some confidence in saying that few extroverts end up with shyness or social anxiety. And the subject was getting proper recognition from employers. So being able to speak and even "stand on a desk" kind of brashness IS the target. My experience is that an hour of endurance is not a long enough stretch of time to keep from being penalized. My own tolerance, and for my introverted children, is based on Purpose. Small talk? Go f yourself. Job need doing? We will work cooperatively and vocally late into the night. Are you right or left handed? It is not unreasonable to expect someone to learn to be ambidextrous if the job demands it. It is wiring, not predestination. And I certainly don't expect Warren to call on the Big Five personality traits, like Jordan Peterson might, to show how Conscientiousness and managing Agreeableness can compensate. That said, I agree that the questioner got nothing worth putting in a book.
@TheJustinJ
@TheJustinJ Жыл бұрын
Confidence comes from Competence.
@Greg_Chase
@Greg_Chase Жыл бұрын
I used the same technique to get over fear of public speaking. I signed up to teach a course after college. I brought the wife with me the first day for support. On the first day we were walking from the car after parking in the school parking lot. I stopped walking. I felt the need to turn around, go back to the car and get clear of that scene. I forced myself to keep walking. I think the problem is this, and I discovered it after forcing myself to keep walking and not turn around to get back in the car. "What is going to happen when I'm up there, talking?" And here's the realization that got me through it: "Nothing physical will happen, that's for sure - I won't be at any physical risk. And *_I KNOW MORE THAN THE STUDENTS ABOUT THE SUBJECT_* or they would not have paid $350 each to attend the course (60 students). So the fact that I could field any question that might come up in class because I knew my subject got me over the anxiety. And I have to say, I also had to force myself, several years earlier as a teenager, to get up on stage as the guitarist in various rock bands. It was easier then because (1) I didn't have to talk, (2) the other bandmates, my friends, were right next to me, (3) I did not sing, I only played guitar, which I knew how to do quite well. When I was 8 years old, I performed piano recitals in front of large groups (100+ people). The first time I did it, after playing about 1/4 of the piece, I took my eyes off the sheet music and looked at the audience. And froze. I forced myself and started over and played it through. So this weird "over thinking" about the number of people who might be scrutinizing me sort of recurred more than once. But once I began teaching, I was able to speak in public ANYWHERE. The novelty of not knowing "what will happen when I'm up there" WAS GONE. I taught for 5 years, 5 nights a week after work in the UC system in California. You know what happens when you're in front of an audience? NOTHING. It's freaking wild to me, now, that I had that anxiety. So if you want to acclimate yourself to speaking, (1) pick a subject you know well enough to talk about (2) teach a course or join Toastmasters .
@alicebenard5713
@alicebenard5713 10 ай бұрын
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@blessingpaul5484
@blessingpaul5484 10 ай бұрын
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@SophiaBint-wj8wn
@SophiaBint-wj8wn 10 ай бұрын
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@alicebenard5713
@alicebenard5713 10 ай бұрын
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@AlinaWinkler233
@AlinaWinkler233 10 ай бұрын
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@Jessicatorres_768
@Jessicatorres_768 10 ай бұрын
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@HLB512
@HLB512 Жыл бұрын
People equate introverts with being shy or socially anxious and it’s not the same thing.
@cervelo9465
@cervelo9465 Жыл бұрын
Listening to Warren and Charlie - it is pleasurable and you learn a great deal.
@philochristos
@philochristos Жыл бұрын
He's talking about exposure therapy for people with social anxiety, not necessarily introversion. There's nothing wrong or debilitating about introversion. It's social anxiety that gets you. Exposure therapy works, though. I think it's more effective than cognitive behavioral therapy, it's less work, and it's more fun, but you have to do it right.
@AA_21861
@AA_21861 Жыл бұрын
Was that Susan Cain asking the question?
@BedrockLeadership
@BedrockLeadership Жыл бұрын
Introverts can always do as Charlie (INTJ) has done and partner with an ENTP like Warren.
@apple1231230
@apple1231230 Жыл бұрын
the thinkg holding me back in life most is being introverted. I have no problem with talking to large crowds, and amd actually very charismatic. the problem is i hate doing it regularly and ut massively depletes my personal ego stores upon doing such and i need to be alone to recharge. I used to be bad at it, then i got good at it, and now i avoid it because even if im good at it, because its so unpleasant.
@jeffrey-825
@jeffrey-825 Жыл бұрын
Introversion has many definitions. The common "definition" is a shy closed off person. Introversion is how energy is conveyed. Going deeper into topics, a focus, and less into the communicative need, rather a necessity. Introversion is also "narrowing down". Less chaos, less influences, less points and perspective that don't mean anything to what they are (re)searching for. Filters of bullshit, let's say. The latter one is the strength that introverts have. Working from that strength and getting recognised for it.
@amrmoneer5881
@amrmoneer5881 Жыл бұрын
Buffet was so open and vulnerable answeing this. Actually i became a fan.
@nocreativityforthename1147
@nocreativityforthename1147 Жыл бұрын
He literally said - just do it - what a legend
@chenlim2165
@chenlim2165 9 ай бұрын
Charlie's zingers are unmatched. RIP.
@JohnMarascia
@JohnMarascia Жыл бұрын
These two guys are starting to look like the muppet characters. lol Great men.
@arpitgupta5591
@arpitgupta5591 11 ай бұрын
I think she is susan Cain author of Quiet book
@Marta-Lis
@Marta-Lis Жыл бұрын
Maybe not believing that introversion is a hindrance could be a good starting point.
@maalikserebryakov
@maalikserebryakov Жыл бұрын
Yes just stick your head in the sand and pretend you are somebody you’re not. 🤡
@alicia_nicole
@alicia_nicole Жыл бұрын
Im really great at socializing, i just dont like it. Some people are surprised to learn im an introvert. Those are usually the people i actually enjoy talking to 😊
@MrSuriyam
@MrSuriyam Жыл бұрын
Thank you for Sharing 🎉
@cervelo9465
@cervelo9465 Жыл бұрын
In high school a senior teacher asked me to do a public speaking in assembly in front of 600-700 people. I did not go to school on that day. In my 20's I worked in tech support in IT, had to talk to people much more, mainly one to one. Age 30 went into Sales. You need to be pretty comfortable around people, including groups. It's truly amazing, and a great shame, what school does not teach young people.
@C4rb0neum
@C4rb0neum Жыл бұрын
Agreed! Those 1 on 1’s can make a difference surprisingly. I used to have a spare time job as a cab driver. Also 1 on 1. I used to be terrified of public speaking and now I almost love it
@NotchEvident
@NotchEvident Жыл бұрын
1.) Be born wealthy. 2.) Engage in insider trading with your wealthy friends.
@mac-ju5ot
@mac-ju5ot Жыл бұрын
I don't think we can even fond any dale carnage courses around today
@kaushalshah1995
@kaushalshah1995 Жыл бұрын
Who is the questioner in this video? Is it Susan Cain?
@susanh326
@susanh326 Жыл бұрын
Warren plays the little old man very well. Orally taught. Enormous advantage. Power and greed struck fellow, though.
@ieatpinecones98
@ieatpinecones98 Жыл бұрын
Warren buffet looks like the old guy from the movie UP.
@ted.angell7609
@ted.angell7609 Жыл бұрын
I appreciate the effort, but she asked a question about introversion and he gave an answer about shyness. Next time ask an introvert 😄
@doughooper9918
@doughooper9918 Жыл бұрын
The richest man in the world does not know what an introvert is.
@UnfamiliarPlace
@UnfamiliarPlace Жыл бұрын
That's because we've redefined it in the last 10 years or so
@maperx1789
@maperx1789 Жыл бұрын
Both seniors......
@Mantogods
@Mantogods Жыл бұрын
@bahl1031
@bahl1031 Жыл бұрын
Tango Charlie :)
@tonywalton1052
@tonywalton1052 Жыл бұрын
Introversion is not defined as "someone who does not like being a public speaker" - it means people drain you more. Also, Buffett is a "cured" introvert. So the weakness can be cured.
@ted.angell7609
@ted.angell7609 Жыл бұрын
Introversion isn’t a disorder to be cured; it’s a natural trait to be accepted and channeled. I’m an introvert and don’t mind it a bit.
@LesserMoffHootkins
@LesserMoffHootkins Жыл бұрын
@@ted.angell7609 I agree. The worst part of introversion is when people either insist you change, or insist that you cannot change. It’s a trait, and a tendency, but not an absolute determinate of behavior, or adaptation
@chriswilton9976
@chriswilton9976 Жыл бұрын
Force an introvert into extravert behavior? I don't care for simple minded solutions to complex problems.
@psibarpsi
@psibarpsi Жыл бұрын
He didn't answer that question at all!
@jdrmanmusiqking
@jdrmanmusiqking Жыл бұрын
Introverts use "introversion" as an excuse to be lazy and terrible people. Introverts are too worried about what other people think of them and dont simply "do". I know better than anyone as i was in introvert who was bullied relentlessly when young and i forced myself to evolve. Its not about introverts nor extroverts. Its about you being in your " I AM" energy. You are not an introvert. You are not an extrovert. You are YOU AND EVERYTHING THAT ENCOMPASSES YOU. Period. Nothing more nothing less. When youre in you're I AM energy, none of this shit really matters
@maalikserebryakov
@maalikserebryakov Жыл бұрын
thats just copium
@noelvillavicencio7519
@noelvillavicencio7519 Жыл бұрын
Toastmasters Club.
@maalikserebryakov
@maalikserebryakov Жыл бұрын
Introversion: Preferring to be alone. Being a Bch: being scared of people, talking to people and scared of socialising. So every anxious coward is an introvert. But not every introvert is an anxious coward.
@ViceCoin
@ViceCoin Жыл бұрын
Buffets advice only works in a stable economy, with no downturns.
@FM-dm8xj
@FM-dm8xj Жыл бұрын
summary?
@karv9445
@karv9445 Жыл бұрын
Bruh its 4 minutes. What do you need a summary for?
@imtryinghere1
@imtryinghere1 Жыл бұрын
Buffett says have sex in public and it will reduce your fear of public speaking, public interaction etc.
@FM-dm8xj
@FM-dm8xj Жыл бұрын
@@karv9445 explain like im 5
@karv9445
@karv9445 Жыл бұрын
@@FM-dm8xj Buffett: Used to be scared of public speaking, took a public speaking course and started teaching to practice communication. Start young, practice with people who have same problems. Munger: Being able to teach something so simple and important is very noble.
@remiboxiplenti5788
@remiboxiplenti5788 Жыл бұрын
Train to be bolder while young
@Billcornhole
@Billcornhole Жыл бұрын
“Deserve” Next question.
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