Warren has a nice, but modest home, and drives a $40,000 car. He could own the most expensive home and cars in the world but he doesn't. He drinks Coke, buys what he likes, and enjoys a relatively simple life.

• Enjoy your life and the things you have. Avoid being concerned about what everyone else has or about what you could have. It's more satisfying to own one perfect painting than to own 10 that don't thrill you. Seek out the things you love and avoid wasting your time on the rest.

What will you focus on?

You only need to make a few good decisions to be incredibly successful. Warren Buffett has hundreds of billions of dollars to invest for himself and others, yet he frequently only owns 20 or so stocks. Be picky. Be happy with a smaller quantity.

• Warren has a very famous line that basically states, "Your financial wealth would be much greater if you could only make 20 investments in your lifetime. You would make sure they were great if you had only 20 chances."

Do you see the benefits of quality or quantity?

Warren has said that the most important part of success and contentment is doing what you love every day. That's why he's never stopped investing and making money. If you're spending your time doing what you love, you continue doing the same thing regardless of how much money you have.

• You might not enjoy the career you have right now. But are you doing anything to change that? Do you have a plan? Imagine how much more content you would be if you enjoyed going into work each day.

What do you love to do?

You needn't be concerned with what the competition is doing. Avoid being influenced by everyone else. If you do what everyone else is doing, you'll simply be average. Avoid comparing yourself to everyone else. Follow your own intuition.

• Most of us are overly concerned with others. We're worried about how we compare. We're worried about their opinions of us. They're probably thinking the same things. Get yourself out of that loop and do your own thing.

Who or what influences your life and decision making?

Warren is famous for shunning high-tech investments, even when they were practically a sure thing. He has stated that he simply doesn't understand them well enough to invest in them. Stay in your areas of strength. You don't need to do everything. Focus on what you know well.

• We usually enjoy doing the things that showcase our strengths. That's human nature. It also makes life easier. Work on your weaknesses, but leverage your strengths.

What are you good at?