Friday, July 06, 2007

Did Warren Buffett Issue A Death Threat

Warren Buffett Issues Death Threat

Well that's an eye-catching headline -- Warren Buffett Issues Death Threat, and I "bit" just like everyone else, I'm sure.

Lots of "lessons" here. If you read the article you will see that Buffett declined to mention stocks he was investing in .. presumably knowing it would change the progress of the stock just by the mention. Presumably true, it being Warren Buffettm oft known as the world's greatest investor. Allegedly he wrote, "I could tell you but then I'd have to kill you."

The article goes on to call it "attention" and to talk about what happens to stocks that are getting "attention."

Of course this "attention" is going to generate emotion, yes?

You might think about this is terms of your home and your office, and in terms of emotional intelligence.

Let's say, for instance, someone makes a "mistake." What sort of attention you pay to this will make a big difference, along with what sort of emotiona you generate around the incident. The person could end up:

--feeling stupid for having made one mistake
--discovering that the way to get attention from you (the boss, the partner, or the parent) is to do something like make a mistake
--they could feel affirmed that you treat the 'mistake' as a small thing, not likely to reoccur and nothing pertaining to the person's ability in general
--the may decide that you are too difficult to work with, because of your extreme reaction to one mistake, and make a note to look elsewhere

ATTENTION is something we all crave. Make sure what you pay attention to brings the results you are looking for. That's part of EQ and part of Intentionality.

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