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HomeEducationWhy Warren Buffett's father-in-law told him "You Will Fail" and how that moment changed history

Why Warren Buffett's father-in-law told him "You Will Fail" and how that moment changed history

Before he was a billionaire, Warren Buffett was told by his father-in-law he would fail & his wife might starve. Discover how he used that doubt as fuel for his legendary journey.

September 03, 2025 / 09:47 IST
How Warren Buffett turned his father-in-law's doubt into billion-dollar success

Long before he was known as the "Oracle of Omaha," a young Warren Buffett was just a man with a big dream and a ring in his pocket. He had just proposed to the woman he loved, Susie Thompson, and was ready to build a future. But first, he had to get through a meeting with his future father-in-law.

He was invited over for a "talk." This wasn't a cheerful welcome to the family. As Buffett himself recalled in an interview with CNBC, the meeting took a shocking turn. His father-in-law laid out a grim prediction: Warren Buffett was going to fail.

The reason wasn't a lack of skill or a bad plan. The older man blamed the political climate, insisting, "You're going to fail, and the reason you're going to fail is because the Democrats are in and they're all Communists." He even feared his daughter might "starve to death." He ended the conversation with a strange absolution: "I'm not going to blame you."

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Imagine hearing that. At a moment filled with hope and promise, a key person in your life tells you your dreams are doomed. For most, those words could become a curse, a seed of doubt that would grow and kill ambition.

But for Buffett, they became something else entirely.

He didn't argue. He didn't try to defend his knowledge of market trends or his proven investment strategies. He simply listened. He stored that moment of doubt away, not as a prediction of his future, but as a challenge to be proven wrong.

That conversation became a driving force for him. The doubt from his father-in-law didn't break his confidence, it refined it. He would succeed not just for himself, but to prove that faith in one's own vision is the most powerful investment of all.

Buffett's story teaches us a crucial lesson about success: the path to greatness is almost always walked alone at first, with the echoes of other people's doubts ringing in your ears.

The next time someone tells you "you'll fail," remember the young Warren Buffett. Remember that the opinions of others are not facts. Your journey isn't about proving them wrong, it's about proving yourself right for yours.

Saurav Pandey
Saurav Pandey is the Deputy Manager of Content at Moneycontrol, specialising in content strategy, execution and performance analysis. He integrates advanced SEO techniques to deliver high-impact, data-driven content formats. His expertise spans various beats, including education, career, science and others, where he adopts a technical approach to optimise visibility, improve search rankings, and drive organic traffic growth. He can be reached out at Saurav.Pandey@nw18.com.

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