Vice chairman of Berkshire Hathaway, 1978–2023
wisdom acquisition is a moral duty. It’s not something you do just to advance in life. Wisdom acquisition is a moral duty.
USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗
The question
What counsel has proved most valuable to you?Originally asked
Vogue, to one guest at a time, on camera, 73 Questions
A repeated rapid-fire prompt in Vogue's 73 Questions, verified in separate English- and Korean-language episodes.
You answer as yourself. Nobody on FLAPSS answers as anybody else.
Vice chairman of Berkshire Hathaway, 1978–2023
wisdom acquisition is a moral duty. It’s not something you do just to advance in life. Wisdom acquisition is a moral duty.
USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗
It goes back to that music teacher when I was 12 years old. After the third lesson, I was singing some popular country song of the day. I forget the name. I think it was a Hank Williams, no, it was too early for Hank Williams, I guess. Whatever the song was, I didn’t sing it like the artist had sung it on the radio. And she said, “You’re a song stylist.” She said, “Always do it your way.” And from the age of 12, I didn’t forget that.
It was a very simple thing. It was a church camp, I think. I was there about two or three days, very young, and I just remember some counselor telling us that reputation is what people think you are, and your character is what you are. So if you have a bad reputation, you might as well have a bad character, and it pays to have a good reputation and a good character.
And I never forgot what he said, Bill Clinton. He looked at me, and he said, “You know, Leon, you can be the greatest OMB director in the history of the world, but nobody’s going to remember you if the White House has fallen apart!” I never forgot that.
He asked me to go through the evidence of the cases, which I did. And at the end of it he said, “Well, you have one thing missing.” I said “What, I thought I covered all of the bases. I made the best arguments that I think the evidence would support.” And he looked at me, and he said, “That may all be true, but you’re missing passion. You related this crime and your evidence in a very impersonal way. How did you make the jury want to convict?” I said “Well, the judge charges them, tells them they have to convict if I prove my case.” And he said, “No, sentencing, not sentencing, finding someone guilty is a huge responsibility. You have to make people believe it’s what they have to do. And you have to make them believe that the evidence that you’ve presented gives them basically no choice.” And so I said, “How do you do that?” And he explained to me that it’s in the manner that you present your case. It’s in the manner that you show how passionately you believe in what you’re doing. And in how much you believe that you’ve actually proven your case and that they must return a verdict of guilty. And his words have led me to believe that that passion is what guarantees success in life.
Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought. Self-pity gets pretty close to paranoia and paranoia is one of the very hardest things to reverse. You do not want to drift into self-pity.
Luckily, I got at a very early age the idea that the safest way to try and get what you want is to try and deserve what you want. It's such a simple idea. It's the golden rule so to speak. You want to deliver to the world what you would buy if you were on the other end. There is no ethos, in my opinion, that is better for any lawyer or any other person to have.
Every mischance in life was an opportunity to learn something and your duty was not to be submerged in self-pity, but to utilize the terrible blow in a constructive fashion.
They win the respect, the deserved trust, of the people they deal with, and there is huge pleasure in life to be obtained from getting deserved trust. And so the way to get it is to deliver what you’d want to buy if the circumstances were reversed.
All my life, I've gone through life anticipating trouble. And here I am, well along on my eighty-fourth year, and like Epictetus, I've had a favored life. It didn't make me unhappy to anticipate trouble all the time and be ready to perform adequately if trouble came. It didn't hurt me at all. In fact, it helped me.
inversion frequently will solve problems which nothing else will solve. And in life, unless you’re more gifted than Einstein, inversion will help you solve problems that you can't solve in other ways.
Frederick W. Smith, Mellody Hobson, Lisa Su, Sonia Sotomayor, Claudio Miranda, Andrew Lloyd Webber
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