By Tom Butler-Bowdon
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Wattles The Science of Getting Rich (p. 282) 42 CHAPTER 6 Claude M. Bristol C laude Bristol was a hard-headed journalist for several years, including stints as a police reporter and as church editor of a large city newspaper. In this post he met people from every denomination and sect, and later read hundreds of books on psychology, religion, science, metaphysics, and ancient magic. Gradually, Bristol began to see the “golden thread” that runs through all religions and esoteric teachings: that belief itself has amazing powers.
After studying group dynamics, he wrote about new organizational forms and coined the term “adhocracies” as the opposite of bureaucracies. He gained his PhD at Massachusetts Institute of Technology (MIT). Bennis was president of the University of Cincinnati and executive vice-president at the State University of New York, and has been on the faculty of MIT’s Sloan School of Management, Harvard and Boston Universities, INSEAD, and the Indian Institute of Management in Calcutta. His other books include Organizing Genius (1997), CoLeaders: The Power of Great Partnerships (1999), and the autobiographical An Invented Life (1993), and most recently Geeks and Geezers: How Era, Values, and Defining Moments Shape Leaders (2002) with Robert J.
Shares in his company Berkshire Hathaway are now trading at over $70,000 each, and Buffett himself has 474,998 of them— none of which he has ever sold. His investing strategies have been written about extensively, but what broad lessons for success can we draw from the man himself? Lowenstein’s biography Buffett: The Making of an American Capitalist is the only serious full-length portrait, and it is from this richly enjoyable book that we glean the following. The seeds of a fortune Omaha, Nebraska was wilderness until the 1850s, but grew into a town once Abraham Lincoln designated it the eastern terminal of the Union Pacific Railroad.