"The power of a ritual, or what I like to call a pre-game routine, is that it provides a mindless way to initiate your behavior. It makes starting your habits easier and that means following through on a consistent basis is easier."
Buffet explained that he did not fully understand technology and that if he had to bet on Microsoft would use a baseball strike strategy. Not swing at all until a perfect pitch was thrown.
"Too often the need to make money (urgent) wins out over the desire to build something we’re proud of (important). Too often the urge to find a way to lose twenty pounds in six weeks (urgent) wins out over becoming the type of person who doesn't miss workouts (important). Too often the craving to be noticed or appreciated (urgent) wins out over the... See more
As noted in the memo, this conversation was highly confidential at the time and not to be circulated, but eventually, it leaked to the Wall Street Journal.