Warren Buffett: You don’t need a business degree to do investments

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Buffett is known as a businessman and philanthropist.

But he’s probably best known for being one of the world’s most successful investors. Which is why it’s not surprising that Warren Buffett’s investment strategy has reached mythical proportions.

Buffett follows several important rules and an investment philosophy that is widely followed around the globe.

In this video, he explains how he feels about business school education.

He uses his own stories to show that doing investments does not require a super IQ, and investors don’t need to go to a business school. In his opinion, self-discipline is the key to success.

Buffett believes that keep learning as you become older is the most important thing, whether you are in a business school or not.

His business partner and best friend Charlie Munger says that sometimes business schools (and medical schools) just offer obsolete knowledge that cannot be applied to real life.

Spending time and money learning such knowledge is just a waste of life.

Source: Finance Jane (Shared via CC-BY)