Warren Buffett attributes his success in finding great mentors to seeking wisdom from those who embody integrity and long-term thinking. His approach emphasizes learning from individuals who demonstrate consistent principles rather than chasing fleeting trends.
Buffett credits Benjamin Graham, his Columbia Business School professor, with shaping his investment philosophy. Graham taught him the “margin of safety” concept—investing only when a stock’s price is significantly below its intrinsic value. This principle became the foundation of Buffett’s strategy, emphasizing patience and disciplined analysis over speculation.
Buffett’s father, Howard Buffett, instilled the moral framework that guided his business decisions. A former U.S. congressman and businessman, Howard emphasized honesty and fiscal responsibility, urging Warren to “measure everything by what the world will think of you in 10 years”. This focus on reputation over short-term gains became central to Warren’s leadership at Berkshire Hathaway.
By merging Graham’s analytical rigor with his father’s ethical compass, Buffett created a unique approach to mentorship. He advises aspiring investors to study the lives of principled leaders rather than relying solely on formulas or market forecasts. This duality—mastering technical skills while maintaining unwavering integrity—remains his blueprint for building lasting success.
