Quote by Warren Buffett - Deepstash
Warren Buffett

"“If principles can become dated, they’re not principles.”"

WARREN BUFFETT

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The idea is part of this collection:

The Mind of Leonardo da Vinci

Learn more about personaldevelopment with this collection

Leonardo da Vinci's creative process

How to approach problem-solving like da Vinci

The importance of curiosity and observation

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Caught Up in Theory

Caught Up in Theory

Theory and principles can get inside our heads and we can just be caught up in definitions.

Philosophy may be all about thinking but is not of much use if the principles are not applied.

To decide what to keep

Ask yourself:

  • Do you actually need this piece of paper or receipt? 
  • Will it quickly become dated?
  • Will I find a replacement on the internet? For example, instruction manuals.
  • What’s the consequence of not having it if you do need it?

What a principle is

What a principle is

It's a fundamental truth that you can use to build the foundation of your life. A principle is not an opinion or a belief. A principle is a matter of cause and effect.

Principles can become personal guidelines. And the point of having principles is that it shifts you from short-te...

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