Buffett and Gates Go Back to School (Part 4 of 8)

For the latest Warren Buffett, go to WarrenBuffettNews.com – There are areas in life in which Bill Gates judgment might not be at its strongest. In those instances, he is lucky to be able to seek out advice from people like his wife and friends in order to help him see his blind spots. It is a great asset to have a small number of people that you can turn to. It is amazing how decentralized Berkshire Hathaway is run. He bets on brains and he bets on people, and they typically make the right decision. After school, the unusual person will really jump out at you. The way that they treat people around them, and the energy that they bring to the table will really jump out at you. One of the top skills you can acquire is public speaking. It is also a rare talent to be able to bring out the best in the people around you. You don’t have to be smarter than them, you just need to be able to bring out the best in others. For Bill Gates, he likes to look for three main skills. He likes people who are good contributors, people who are good at strategy, and those who are good with people. He has set up career paths at Microsoft for each of those three types. The ideal person is great at all three skills. Although there are many people who possess at least one of them, it is unfortunately very rare to see all three of them in a single person.

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