Warren Buffett: Nurture Business Connections Even in a Moment of Anger, 'You Can Always Tell Someone to go to Hell Tomorrow'
Caleb Naysmith
Barchart
Sat Dec 28, 7:00AM CST
Renowned investor and Berkshire Hathaway (BRK.A)(BRK.B) CEO Warren Buffett recently offered a candid piece of wisdom on controlling one’s temper in stressful moments:
“You can always tell someone to go to hell tomorrow … You haven’t missed the opportunity. Just forget about it for a day. If you feel the same way tomorrow, tell them — but don’t spout off in a moment of anger.”
A Calm Mindset in Business and Life
Known for his levelheaded approach to investing, Buffett reminds us that emotional outbursts often do more harm than good—whether you’re negotiating a business deal or responding to criticism.
Cooling-Off Period Buffett suggests pausing to collect your thoughts rather than reacting instantly. Much like his disciplined, patient approach to investing, he believes a little time can transform anger into insight.
Preserving Relationships Buffett has frequently emphasized the importance of reputation and goodwill. Avoiding rash confrontation can preserve partnerships, friendships, and opportunities in the long run.
Calculated Decision-Making Whether buying stocks or weighing a contentious situation, Buffett's advice suggests gathering facts and evaluating emotions over time. A cooler head leads to better judgment.
Ties to Buffett’s Investing and Business Philosophy
Patience as a Virtue: Just as Buffett waits for the right market conditions before making a move, he urges caution in personal interactions. Delaying harsh words mirrors his long-held belief that waiting for clarity is often the best strategy.
Long-Term Perspective: Buffett’s hallmark investment style values staying power and resilience—traits that equally apply to personal conduct. Avoiding rash decisions helps maintain stability and long-term relationships.
Protecting “Reputational Capital”: Similar to safeguarding financial capital, Buffett views one’s reputation as the ultimate business currency. Refraining from angry retorts can prevent lasting damage to that precious asset.
Lessons from Buffett’s History and Journey
Cool-Headed Leadership: As the “Oracle of Omaha,” Buffett steered Berkshire Hathaway through countless market cycles, navigating downturns without panicking and seizing opportunities when the time was right.
Diplomacy with Partners: Working closely with Charlie Munger, Buffett credits good communication for their success. Both men avoid emotionally charged decisions that might undermine their partnership or the companies they oversee.
Enduring Professional Relationships: Buffett’s network includes CEOs, executives, and entrepreneurs who value his calm, measured approach—a living testament to the power of restraint.
A Blueprint for Investors and Leaders Alike
Pause Before Responding: Whether reviewing a sudden market shift or receiving unexpected criticism, take a moment to reflect.
Value Long-Term Harmony: Spontaneous anger can destroy trust and overshadow shared goals—staying composed preserves room for future collaboration.
Adopt Buffett’s Patience: Applying his “wait a day” principle can keep emotions in check, translating into wiser decisions across both personal and professional spheres.
By emphasizing that “You haven’t missed the opportunity” to speak harshly—if indeed you must—Buffett highlights a truth often overlooked in a fast-paced world: sometimes the best move is simply to do nothing until cooler judgment prevails. This same patient logic underlies his investing success and offers a timeless reminder that thoughtful restraint can pay dividends in any situation.
On the date of publication,
Caleb Naysmith
did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy
here.