Warren Buffett’s 5/25 Rule

Rule the world 5 things at a time. [Altucher Confidential] December 19, 2022 [WEBSITE]( | [UNSUBSCRIBE]( NEVER LOOK OR THINK ABOUT THE BOTTOM 20 AGAIN [Hero_Image] Warren Buffett’s 5/25 Rule By Chris Campbell Have you opted-out of the radical Dems green new scam? ThIf you live in any of the following 38 states… Alaska Colorado Connecticut Delaware Idaho Illinois Indiana Iowa Kansas Kentucky Maine Maryland Massachusetts Michigan Minnesota Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Dakota Tennessee Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming You need to [click here and watch this urgent video I just recorded for you and “opt-out” before December 21.]( [Chris Campbell] CHRIS CAMPBELL Warren Buffett was mad at his pilot. Furious! His pilot didn’t understand why. It wasn’t because he was bad at his job… he was GREAT at his job. It wasn’t because he was a bad guy, either… Buffett thought he was a GREAT guy. It wasn’t because he was paying him too much. Truth be told, he probably wasn’t paying him enough. Buffett was mad because… he was still his pilot. "The fact that you’re still working for me tells me I’m not doing my job,” said Buffett. “You should be out, going after more of your goals and dreams." The pilot protested. He HAD been working on his dreams. He told Buffett about all of the projects he’d been working on. Buffett wasn’t impressed. He saw why the pilot wasn’t moving forward. He told the pilot to write down his top 25 goals. “Good,” he said. “Now circle your top 5.” The pilot did so. “Good,” he said. “Now forget about everything else and work on these.” That’s how the Oracle of Omaha’s “5/25 rule” was born. Below, James reveals why this rule is so important in his own life… And how you can incorporate it into yours. Read on. The Warren Buffett 5/25 Rule James Altucher The Warren Buffett 5/25 rule has been very important to me. Buffet perhaps had many interests in his long life. But investing is the one thing he mastered above all else. In the 5/25 rule, he discusses his technique to master something when confronted with many passions. 1. The 5/25 rule, part 1 List the 25 things you are most passionate about. 2. The 5/25 rule, part II Split them into two lists. The top 5 items and then the next 20. Note, you are still insanely passionate about the next 20. They are just numbers 6-25 on your list. 3. The KEY to the 5/25 rule NEVER LOOK OR THINK ABOUT THE BOTTOM 20 AGAIN 4. Extension of this: When you are in a period of really trying to master something, perhaps this is the 1/10 rule or 2/10 rule. Attention! Before You Read Any Further… [Click here for more...]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( 5. My 25. I'm not going to include things like health or family because no matter what, those always have to be important in life. These are more subjects or skills that I would like to get better at: 1) writing 2) investing 3) chess 4) entrepreneurship 5) teaching 6) playing the piano 7) poker 8) shooting pool 9) ping pong 10) making a TV show 11) writing a novel 12) standup comedy 13) starting a hedge fund 14) learning a new language 15) Go 16) Backgammon 17) Math / Physics 18) getting my old computer programming skills back, particularly in regards programming with crypto or AI 19) flying a plane 20) learning a martial art 21) memory techniques 22) acting 23) singing 24) breakdancing (hey, I loved doing it as a 10 year old. Why not continue learning it?) 25) parkour (why not?) 6. But if I take the top 5 Writing, investing, chess, entrepreneurship, teaching, then according to the Warren Buffett rule these are the ONLY things I should focus on. 7. And I need to ignore the bottom 20. When I was a kid, I took piano lessons. I have piano. I could take lessons again. But it's not in my top 5. Nor is poker, even though I occasionally play at a casino. But I won't study it. Nor is standup comedy, which I did every day for seven years and now NEVER do. 8. The results, part one: Writing: Last year I wrote two books. I'm also creating a course on how to write and publish your first book. Chess: I've been studying 4-5 hours a day, I just won the Georgia Senior Championship (after a 25 year break in playing in tournaments), and I'm writing a book about how to improve as an adult over 50. 9. The results, part two: Investing: This is the way I make a living. Teaching: I love to teach the above whenever I can. And I love studying the meta-art of learning and success. This is what my recent book, "Skip the Line" is about. Entrepreneurship: This helps with my investing. I love to help beginning entrepreneurs as well as start my own companies (I am involved in two startups now, including Notepd, the "social network of ideas". 10. Note, they are all one thing: I combine my top five: - I write about investing - I use entrepreneurship skills, and investing skills, to make each better - I am writing about my chess journey - Learning chess is also learning about learning - I am passionate about teaching writing or business. 11. Plus, Minus, Equal + the 5/25 rule In fact, in the "plus, minus, equals" rule shared with me by MMA champion Frank Shamrock, I often seek out "plusses" - people I can learn from , "minuses" - people I can teach, and "equals" - people I can compare notes with. Minuses are an important part of teaching and learning at the same time. 12. Regrets, I have some I do wish I were better at the piano. Or I had time to study poker. Or continue to do standup comedy. I spent so much time on these things and I miss them. But I DO NOT want to distract from my top five. It is precisely this rule that helps me avoid distractions that I am passionate about so I could do my best to MASTER the top five. 13. Does it work? You tell me. Write your top 25. Do the 5/25 split. And try it for a while and please tell me what happens. I want to eventually do a book on 5/25 stories I hear. Regards, James Altucher For Altucher Confidential Response Requested 1/1000th of an ounce of gold available for you As a Altucher Confidential reader, Jim Rickards is offering you 1/1000th of an ounce of gold when you upgrade your account. It will come in the form of a “Gold Back” - a new type of gold currency that’s starting to spread across America ([click here to view](. If you have not responded to Jim’s offer yet, and want to know how to claim yours… Please click the link below for details. [Click here to learn how to claim your new Gold Back Currency]( Thanks! Amber Anderson Customer Service [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. 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