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The Inner Scorecard: How Warren Buffett Mastered Life

Farnam Street 2016

We're driven by admiration and love. But even if we get it, we're not actually happy unless we deserve it. Our Inner Scorecard lets us know the difference.

“The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.”
— Warren Buffett

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PSYCHOLOGY SELF-HELP

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Summary:

Summary: The article titled "The Inner Scorecard: How Warren Buffett Mastered Life" explores the concept of self-evaluation versus external validation through the metaphor of an "Inner Scorecard." It argues that true happiness stems from personal integrity and self-worth, rather than seeking approval from others. Warren Buffett emphasizes the importance of being satisfied with one's own assessment rather than relying on external judgments.

Context Addition:

The idea of an Inner Scorecard is rooted in psychological principles that focus on intrinsic motivation and self-acceptance. It contrasts with the Outer Scorecard, which represents how individuals gauge themselves based on societal standards or the opinions of others. This concept aligns with broader themes in self-help literature, where personal fulfillment is achieved by aligning one’s actions with personal values and beliefs rather than conforming to external expectations.

Keywords: Inner Scorecard, self-evaluation, personal integrity, intrinsic motivation, happiness

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