Business Magnate Alex Rodriguez Talked About What Impact $110 Billion Worth Warren Buffet Left on Him

Aside from inspiration, there are one or more mentors present who help a person grow in life. Fortunately for Alex Rodriguez, one of the most successful investors in the World, Warren Buffett became his mentor. Aside from business, the two had some common interests as well. For those unversed, Buffet had guided A-Rod when he was about to sign the biggest contract in the history of Major League Baseball at that time. 

Naturally, Buffet left an enormous impact on him that still hasn’t gone away and does not look like going away anytime soon. Therefore, when he got the chance to talk about Buffet’s impact on his life, he proudly shared it with the world. 

What did Alex Rodriguez say about Warren Buffett?

After knowing Buffet for twenty years plus now, he is not only a mentor but a friend to Alex Rodriguez. The common interests of the two are baseball, business, and a sense of humor, which A-Rod said Buffet has a better one than him. Rodriguez then talked about Buffet’s favorite baseball player, who is not him but former Red Sox player Ted Williams. 

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Later, he went on to talk about Buffet’s teaching in business in terms of baseball. “Warren Buffett talks about investing by not stretching the strike zone, staying in your circle of competence, and then when you get a pitch, make sure it’s a fat pitch, and make sure you go for a home run, not just the single,” A-Rod said on the Money Maze Podcast. 

Buffet did that and expanded his empire to a net worth of mammoth $110 billion. His teachings certainly helped Rodriguez, as he managed to push his net worth to $350 million. Which makes the former baseball player the richest retired ballplayer of all time. 

A cold call got Rodriguez a mentor and a friend for life!

To finalize the biggest MLB contract in history at the time, the Texas Rangers needed someone to insure the most expensive part of his contract. One of the biggest investors, the CEO of Berkshire Hathaway, stepped up. 

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Later, when A-Rod got to know about this, he used this little piece of news to cold-call Buffet’s office. He asked for a meeting with the CEO since he was in business with him. By doing so, A-Rod got his mentor and friend for life. 

How do you like A-Rod’s approach to cold-calling Buffet? Let us know about your mentor in the comments below.