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Bill Gates says Warren Buffett taught him to value free time

2023-09-03 22:32:00, Kosova & Bota CNA

Bill Gates says Warren Buffett taught him to value free time

Microsoft CEO Bill Gates had a busy schedule – even sending out requests to employees at 2:00 in the morning.

Only when he saw the personal book of the CEO of Berkshire Hathaway, Warren Buffett, Gates learned to restrain himself and his workers, writes CNBC .

“I had every minute packed and I thought that was the only way you could do things,” Gates told reporter Charlie Rose in an interview with Buffett in 2017. 

Buffett taught Gates an important lesson: "You control your time... It's not an indicator of how seriously you fill every minute of your schedule."

Buffett's method—which is basically, “work smarter, not harder,”—is actually backed by science. Workers' ability drops significantly when they work more than 50 hours a week, a 2014 Stanford University study found.

People who work up to 70 hours a week get the same amount of work done as those who sit at their laptops for 55 hours, the research found.

Gates isn't the only CEO who learned this lesson the hard way. For example, Tesla CEO Elon Musk — who previously said he regularly pulled all-nighters on the job — now sleeps at least six hours a night, he told CNBC's David Faber in May./ CNA





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