During a research experiment a marine biologist placed a shark into a large holding tank and then released several small bait fish into the tank.
As you would expect, the shark quickly swam around the tank, attacked and ate the smaller fish.
The marine biologist then inserted a strong piece of clear fiberglass into the tank, creating two separate partitions. She then put the shark on one side of the fiberglass and a new set of bait fish on the other.
Again, the shark quickly attacked. This time, however, the shark slammed into the fiberglass divider and bounced off. Undeterred, the shark kept repeating this behavior every few minutes to no avail. Meanwhile, the bait fish swam around unharmed in the second partition. Eventually, about an hour into the experiment, the shark gave up.
This experiment was repeated several dozen times over the next few weeks. Each time, the shark got less aggressive and made fewer attempts to attack the bait fish, until eventually the shark got tired of hitting the fiberglass divider and simply stopped attacking altogether.
The marine biologist then removed the fiberglass divider, but the shark didn’t attack. The shark was trained to believe a barrier existed between it and the bait fish, so the bait fish swam wherever they wished, free from harm.
The moral:
Many of us, after experiencing setbacks and failures, emotionally give up and stop trying. Like the shark in the story, we believe that because we were unsuccessful in the past, we will always be unsuccessful. In other words, we continue to see a barrier in our heads, even when no ‘real’ barrier exists between where we are and where we want to go.
Inspiring Quotes from Warren Buffett on Investing and Success
Warren Edward Buffett, legendary value investor, turned an ailing textile mill into a financial engine that powered what would become the world's most successful holding company.
Known as the "Oracle of Omaha" for his investment prowess, Buffett has amassed a personal fortune in excess of $62 billion, making him top dog on Forbes' World's Billionaires list in 2008. He inspires legions of loyal fans to make a yearly trek to Omaha for an opportunity to hear him speak at Berkshire's annual meeting, an event ironically dubbed the "Woodstock of Capitalism".
A short Biography of Warren Buffett
Warren Buffett is an American business magnate, investor and philanthropist. He is the most successful investor in the world. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2015. In 2012 Time named Buffett one of the world's most influential people.
Childhood
Born in 1930, the legendary Warren Edward Buffett’s birthplace was Omaha, Nebraska. He is the second child to his parents- father Howard Buffett and mother Leila. Warren Buffett’s father was a U.S. Congressman, who was Scandinavian by origin and his mother was Spanish.A true entrepreneur at heart and a brilliant student with a knack of learning Economics and business studies, Warren Buffett is today the second richest person of the world after Bill Gates. He is popularly termed as the “Wizard of Omaha” and the “Sage of Omaha”.
Early Life
Buffet’s elementary education started at Rose Hill Elementary School in Omaha. He then went to the Alice Deal Junior High School and soon completed his Master of Science in Economics. From the childhood days of his life, Buffett was always deeply interested in trading and it is from the stock market that he started making and saving money. Buffett worked in his grandfather's grocery shop and adopted many other means of income like selling cold drinks, weekly magazines, stamps and chewing gums door to door and delivering newspapers. Things took a turn when Buffett and one of his friend invested $25 to buy a pinball machine that they installed in a barber’s shop. As they started generating income out of that machine, they soon installed some more machines in other barber shops.
Early Career
Warren Buffett was just 11years old when he purchased his first shares for himself and as well as for his sister. During his graduation and studies at age of 20 he saved $9,800, and he rushed to meet Graham who was on the board of GEICO insurance. Warren yearned to work for Graham and that too without any fees. But he was refused the job and soon he came back to Omaha. He then started pursuing classes on “Investment principles” during which he also purchased a gas station, which unfortunately didn’t turn out to be profitable for him.
Someone is sitting in the shade today because someone planted a tree a long time ago - Warren Edward Buffett
Buffett married Susan Buffett in 1952. They had three children, Susie, Howard and Peter. In 1957, Buffett had three partnerships operating the entire year. In Omaha he purchased a five-bedroom stucco house where he presently lives for $31,500. In 1958 Buffett’s third child, Peter was born.Buffett operated five partnerships for the entire year. And then the company grew to six partnerships operating the whole year and Buffett was introduced to Charlie in 1959. This was named Sanborn Map Company. Brick by brick he reached at the ultimate position by extending and expanding his business while planting himself with a position on the Board of Sanborn.
Finally in 1962, Warren Buffet became a millionaire and merged all his partnerships together into one. In 1999, he was named the top money manager of the Twentieth Century in a survey by the Carson Group.
After he sold Berkshire Hathaway, Buffett wrote in a letter: "…unless it appears that circumstances have changed (under some conditions added capital would improve results) or unless new partners can bring some asset to the partnership other than simply capital, I intend to admit no additional partners to BPL."
Achievements
In 2008, Buffett became the richest person in the world. He then went on to become a billionaire with an estimate of his company valuing approximately US$62 billion. In 2009, he donated billions of dollars to the charity and even after that Buffett was ranked as the second richest man in the United States with a net worth of US$37 billion.
Warren Buffett despite having two children and a full-fledged happy family is known to donate 99.9 percent of his wealth.
Warren Buffet is a perfect example for the budding entrepreneurs conveying a clear message of vision, mission, focus and hard work.
Countless books have been written about him and his investment strategies:
1. Robert Hagstrom, “The Warren Buffett Way”
2. Carol J. Loomis, “Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012: A Fortune Magazine Book”.
Warren Buffett was named as the top money manager of the Twentieth Century
Presidential Medal of Freedom by President Barack Obama
Time's 100 Most Influential People in the world by Time Magazine
Wisdom, Success, Failure, Motivational and Inspiring Quotes Of Henry Ford, An American Industrialist, The founder of the Ford Motor Company
A Short Biography Of henry Ford
Henry Ford, An American Industrialist, The founder of the Ford Motor Company, and the sponsor of the development of the assembly line technique of mass production.
Although Ford did not invent the automobile or the assembly line,[1] he developed and manufactured the first automobile that many middle class Americans could afford. In doing so, Ford converted the automobile from an expensive curiosity into a practical conveyance that would profoundly impact the landscape of the twentieth century. His introduction of the Model Tautomobilerevolutionized transportation and American industry. As the owner of the Ford Motor Company, he became one of the richest and best-known people in the world. He is credited with "Fordism": mass production of inexpensive goods coupled with high wages for workers. Ford had a global vision, with consumerism as the key to peace. His intense commitment to systematically lowering costs resulted in many technical and business innovations, including a franchise system that put dealerships throughout most of North America and in major cities on six continents. Ford left most of his vast wealth to the Ford Foundation and arranged for his family to control the company permanently.
A new year is all about starting afresh and realizing your dreams. So, let’s raise a toast to a Happy New Year and even happier beginnings. Take inspiration from these quotes to help you get started and if you are inspired enough, share your enthusiasm with your loved ones.
Once Again Wish You all a Very Happy New Year 2016