Years ago, he counseled that investing in oneself and improving one's own talent "is the best thing you can do." That's why sharpening your skills and becoming consistently good at something is one of the strongest protections against inflation. "Whatever abilities you have can't be taken away from you. They can't actually be inflated away from you," he said. "The best investment by far is anything that develops yourself, and it's not taxed at all." To heed Buffett's advice about being exceptionally good at something, we need to know what exactly we should be good at.
