Sanchez: Buffett's friend-investment thought experiment applies directly to romantic relationships
Codie Sanchez · Mikhaila Peterson: What All Women Need to Know About Money and Marriage · Jun 18, 2024 · at 2:58
Codie Sanchez explains a mental model from a Warren Buffett university lecture on evaluating people's character traits and applies it to personal relationships.
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“So Buffett asked if you could invest in a friend and get 10% of their income for life, who would you pick? Now, once the students answered the question, he then asked this, why would you invest in that person? What character traits do they have? And now that you have a character list of traits to adopt, Warren Buffett asked, if you could short a friend's earnings, like you could say, not gonna make it, who would you pick and why? And now you have a list of character traits to avoid. So I thought this was so good because this thought experiment is genius, not just for friends, but for partners, for lovers, for people in your relationship.”
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