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
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How Warren Buffett turned his father-in-law's doubt into billion-dollar success
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.

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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.