Warren Buffett says avoiding mistakes is simple: 'Write your obituary'

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Warren Buffett says avoiding mistakes is simple: 'Write your obituary'
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Warren Buffett says avoiding mistakes in life is simple: 'Write your obituary and then try to figure out how to live up to it'

Warren Buffett, 92, says the key to avoiding major mistakes in life is to write your own obituary and reverse-engineer it., where he and the firm's vice-chairman, fellow billionaire Charles Munger, answered questions on succeeding in life and growing wealth. "You should write your obituary and figure out how to live up to it," the Berkshire Hathaway chairman and CEO answered.

Buffett explained that he believed in the importance of avoiding mistakes that"take you out of the game or come close to take you out of the game."who's worth $113 billion, per Bloomberg's estimate. "But why get behind the game if you're effectively paying 12 or 14 or whatever percent you're paying on a credit card?" Buffett said.

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