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The Inner Scorecard: How Warren Buffett Mastered Life

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“The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.” — Warren Buffett *** While human behavior is complex and resistant to a “one size fits all” approach, there are core predictable instincts that help us understand ourselves and others better. One instinct that evolution has driven into us is our need for hierarchy. This is our ego, status, standing, reputation and where we are in the pecking order. We want the praise and acceptance of our peers. We crave admiration of those we see as our peers and feel envy when others seem to have more than us. The pursuit of (deserved) admiration gives us energy to do more. It’s a part of the explanation for why the human world has moved along so far from where it started — we’re willing to do extraordinary things that are very difficult, like starting a company from scratch, inventing a new and better product, solving some ridiculously

Philosophy | Reading Time: 5 minutes The Inner Scorecard: How Warren Buffett Mastered Life “The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.” — Warren Buffett *** There are two ways to measure how you are doing: internally or externally. Most of our growth comes from internal measurement, while most problems stem from external comparison. One fundamental drive that evolution has instilled in us is our need for social status and hierarchy. This manifests as our eg

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