Cameron HeroldFounder of the COO Alliance & Invest In Your Leaders Training

Why The World's Richest Admit They're Still Learning

9 Sept 2023 · 1 min

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Cameron Herold emphasizes prioritizing the "critical few" over the "important many" (invoking Warren Buffett's rule) and celebrates continuous learning among the very wealthy—highlighting that even the richest (e.g., Bill Gates) publicly admit being wrong and attend events like TED to learn. The excerpt frames humility and ongoing education as key leadership lessons and uses anecdotes to illustrate these points.

Chapters

Two things you just said. One is around that lesson of getting to work on the critical few things right versus the important many and following that Warren Buffett rule. The second one is the richest person on the entire planet is still learning and is okay with being wrong, is okay with publicly saying that they're wrong, is okay saying they're publicly wrong, not to kind of leverage and sell something. It's just like, wow, they're admitting they're learning and growing. Sometimes if you're the smartest person in the room, you're in the wrong room. And it's pretty inspiring to see Bill. I saw Bill last week at the TED Conference. He he goes to the main stage TED as well, every year. But when you're that smart and you're there sitting in the audience, learning, wanting to learn, that's a pretty big lesson.