Episode 21: Warren Buffet’s “Best Investment” and “Inflation Fighting” Advice is…

Sharing is Caring 📤

First, who is Warren Buffet?

Warren Buffett is not only one of the richest men in the world,

He’s generally known as one of the wisest.

Buffet addressed at a shareholder’s meeting how we can mitigate the impact of inflation.

And where our best investment lies.

Where is it?

OURSELVES! … YOU!

Buffet said “The best thing you can do is to be exceptionally good at something.”

To “focus on the continuous self-improvement and staying on top of the game in our chosen field.”

Wise words!

He noted, I quote: “Whatever abilities you have can’t be taken away from you.

They can’t be inflated away from you”

“And it’s not taxed at all!” he said.

“The best investment by far is anything that develops yourself” as Buffet put it.

What does this all really mean?

Skills, are inflation proof.

Skills, are not taxed.

Skills travel with you, when you move and when you change businesses.

So the development of those skills ARE your best investment.
YOUR skill development IS your gold, your diamonds, your real estate, your best retirement plan.

Simply put, your skill development IS your best protection from anything that comes your way.

My challenge to you this week is on Skill development.

Build them.

Never let up.

The moment you stop increasing your skills is the moment you cut off your best investment.

Seek out the webinars and conferences that really matter.

Seek out the coaches that can make a real difference.

If you are in personal injury, I hope you seek me and my company at Personal Injury Made Easy.

Because we believe deep down that it really is all about skill development.

Be the best at whatever you do, and never let up.

And it’s not just one coach or one program. 

Every skill has subsets to that main skill.

When you master the subsets, you master your skill.

This week and ongoing, find and say “yes” to whatever coaches and programs that will up those skills and skill subsets. 

And that’s how you build wealth that goes with you everywhere and no one can take it away.

And I’ll see you at the next 2MMM

Are You Treating Personal Injury Patients—or Looking to Start?

Discover proven strategies to streamline your processes, boost your profits, and grow your practice. Join our email list to stay ahead with expert insights, legal coordination tips, and real-world tactics that work.

P.S. We offer choices for all offices to improve processes, grow your PI segments, and to get paid far more. The choice is yours:

DONE-FOR-YOU: Consider outsourcing to PI Billing Pros (no real financial risk; a pro does it for you saving you time and stress)

DONE-WITH-A-PRO: Join the Business Advantage Coaching Membership (affordable; for better, faster & easier than pure DIY; staff trained too)

DO-IT-YOURSELF: Get the Book that is the main guide for PI for medical providers, and enroll in Negotiations Training  (inexpensive; requires the most time by self-implementing)

Featured Articles

This website is meant for general information and not legal advice.

Become a Master of Personal Injury Negotiations. Learn the critical skills and techniques, and gain the confidence you need, to negotiate your way to far higher payments and measurably higher net profits. Designed specifically for medical providers and staff that handle personal injury cases.

Starts at $47 a month

The Roadmap to Personal Injury Success!

This book, authored by Michael Coates, Esq, titled Personal Injury Made Easy,  A Medical Provider’s Roadmap to Successfully Navigate the High-Profit Highway, is the most thorough work on the subject.

Join our Business Advantage Program

Running a medical practice is something they don’t teach you in school, especially when it comes to personal injury.  We provide coaching, training, mentoring, and on-demand education to help make your PI practice more profitable.

Let a PRO negotiate with YOUR law firm!

Having problems dealing with PI law firms? Personal Injury Billing Pros negotiates for you, recovering what your medical practice has earned & deserve.

PI Made Easy Insiders on Facebook

If you are a medical professional and involved in personal injury, join our PI Insiders Facebook group. A private group to ask questions and join discussions with other medical PI professionals and a few of our guest experts.

Recent Articles

Fall in Like Not Love

This 2-Minute Monday Mindset is about our tendency to lose our perspective in business. Fall in Like Not Love In business—especially in personal injury—we’re taught

Read More »
Left shows a stressed man in shirt and tie; right shows him smiling in a doctor’s coat. Text reads “From mess... to success.”

From PI mess to PI success — One Provider’s Story

Follow the incredible journey of Dr. Peters, a medical provider drowning in personal injury (PI) losses, who transformed his business from an 80% deficit to an average 88.5% recovery. Learn how strategic intervention and expert coaching not only saved his practice but turned him into a respected “value driver” in the PI world.

Read More »

Doing PI Right Starts with the Patient’s First Visit

Today, we’re diving into the patient’s first visit—a critical moment that determines your role in a personal injury (PI) case. It’s your launchpad to becoming a value driver. Learn how to gather crucial documentation, identify hidden issues, and avoid pitfalls. This initial encounter sets the foundation for your patient’s claim, legal strategy, and your payment rights.

Read More »

Meet Our New AI Helper!

Click here to get answers to your questions about the business side of personal injury from our private knowledge library.

Are they an Analyst, Accommodator, or Assertive?

Knowing is a major factor in successful negotiations. Download the training tip “Knowing Your Law Firm Negotiation Counterpart,” one of the topics we cover in our Negotiations Aikido training workshop.