One of Buffett’s most famous pieces of advice is commonly referred to as the “2-List Strategy” or the “25:5 List Strategy”. It’s simple, but effective. In fact, he uses this exercise to help his employees determine their priorities… thus, determining their actions. Given that his company Berkshire Hathaway is worth about $530 billion dollars, I’d say this strategy must be pretty effective.
As an advisor, I always had no less than what felt like a zillion irons in the fire. I was making money, I was bringing in lots of assets…. AND, I was exhausted.
I finally realized (and having kids will do this to you) that I need to focus on just doing FEW things really really well. Enter: Warren Buffet’s 2-List Strategy.
Here’s how it works:
Step One: List the top 25 goals you would like to accomplish in your lifetime.
Take all the time you need to compile a long list of goals. Many of them...
