The 5/25 rule's popularity came from a story about Warren Buffett having given Mike Flint, his pilot for 10 years, advice about his career priorities. The advice is to list out his top 25 career goals, and from those 25, encircle the top 5.
Buffett's 5/25 rule is not only a great strategy for investing but also a useful tool for maximizing productivity. The rule is simple: identify the 25 most important things on your to-do list, prioritize them, and then focus on the top five items while ignoring the rest.
Warren Buffet preaches that he could:
“Improve your ultimate financial welfare by giving you a ticket with only 20 slots in it so that you had 20 punches - representing all the investments that you got to make in a lifetime.
Buffett doesn't limit building up his knowledge to books alone. He reads six newspapers a day, including The Wall Street Journal, Financial Times, The New York Times, USA Today, Omaha World-Herald, and American Banker. Whether or not you have time for such an ambitious goal is largely irrelevant.
The famed investor and Berkshire Hathaway CEO counts burgers, hot dogs, and ice cream among his favorite foods. He munches on McDonald's for breakfast, guzzles five cans of Coke every day, and demolishes cookies and chocolates.
He gets back home from the office between 5 and 6 pm each day, and he might swing past the drive-thru on the way home for a meal. Buffett claims he values his sleep. So he retires to bed at around 10 pm, reading for half an hour or so, then going to sleep by 10:45 pm each night.
Warren Buffett once said, “The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are.”
Warren Buffett's Four Pillars of Investing. Quality of Information. Consistency of Earnings Growth. Finding Opportunities To Drive Your Investment Style.
“Price is what you pay, value is what you get.” This famous Buffett quote strikes at the heart of the “value investor” approach and reveals the secret of how Buffett made his fortune.
The 5/25 rule works because you're essentially acknowledging the exceptionally simple fact that you can't focus on lots of things at once. Just as you can't hold down 25 jobs, you can't work towards 25 goals at once. For a goal to get on the list, it must hold value and/or meaning.
Specifically, the most productive people work for 52 minutes at a time, then break for 17 minutes before getting back to it (similar to the Pomodoro Method—more on that here). The employees with the highest productivity ratings, in fact, don't even work eight-hour days.
The 52/17 Rule is a time management method that recommends 52 minutes of focused working followed by 17 minutes of complete resting and recharging. This principle was first presented in 2014 in an article for The Muse and has since then been covered by other media outlets.
A staunch believer in the value-based investing model, investment guru Warren Buffett has long held the belief that people should only buy stocks in companies that exhibit solid fundamentals, strong earnings power, and the potential for continued growth.
The Buffett Rule is the basic principle that no household making over $1 million annually should pay a smaller share of their income in taxes than middle-class families pay. Warren Buffett has famously stated that he pays a lower tax rate than his secretary, but as this report documents this situation is not uncommon.
Consider the extreme reading habits of other billionaire entrepreneurs: Warren Buffett spends five to six hours per day reading five newspapers and 500 pages of corporate reports.
As shown in the 2017 documentary Becoming Warren Buffett (h/t to Trung Phan), Buffett swings by McDonald's every day with a plan: I tell my wife as I shave in the morning either $2.61, $2.95, or $3.17. She puts that amout in a little cup, and that determines which of three breakfasts I get.
It is said that Buffet himself apparently has an IQ over 150 (160 is considered a genius), the influential investor doesn't believe it's the sole reason for his success.
Every morning on his five-minute drive to the office, which he's been doing for 54 years, he swings by McDonald's and orders one of three items: two sausage patties, a sausage, egg and cheese biscuit, or bacon, egg and cheese biscuit. The price tag on these morning meals? Never more than $3.17.
The famed investor and Berkshire Hathaway CEO counts burgers, hot dogs, and ice cream among his favorite foods. He munches on McDonald's for breakfast, guzzles five cans of Coke every day, and demolishes cookies and chocolates.
Mark Zuckerberg
Much like his dedication to wearing the same outfit each day, Zuckerberg has a no-nonsense approach to breakfast. No time is wasted in preparation or decision making, and he simply tucks into 'whatever' takes his fancy before getting on with his day. Simple, sure, but possibly not always healthy.
In his HBO documentary Becoming Warren Buffett, the 92-year-old revealed that for the past nearly six decades he has stopped by McDonald's on his five-minute drive to the office every morning to indulge in one of the chain's three signature menu offerings: a sausage with egg and cheese, a bacon with egg and cheese or ...