Warren Buffett’s Inflation Advice for Leaders

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Each day, we’re reminded of rising costs in just about every facet of our lives. Stop for gas, you gawk at the prices. Walk down the grocery store aisle and costs are also sky high. Inflation has created an enormous problem for many of those we lead and those we interact with each day, as well as ourselves.

In his recent Berkshire Hathaway state of the union address, Warren Buffett gave some practical advice on how we can best deal with these challenges.

“The best protection against inflation, though, still is your own personal earning bar,” Buffett said. “If you play the violin very well, you will do reasonably well during inflation. I mean, play it better than other people, people will pay you for doing that. All kinds of things. So your skills will not be taken away, and your money may be.”

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Πηγή: thedaily.coach