Wednesday, October 22, 2014

Wise Investor

This is to address that it is taken from the Warren Buffett investing idea.

  • Don't let world events affect your investing decision
  • Don't fell bad when stocks go down
  • Don't think you have to be an expert to profit from stock
  • Don't go for the quick profit

This article does not mean to write about Warren Buffett but to his style, here are some of his facts
 
  1. He started investing at the age of 11.
  2. Benjamin Graham's book Intelligent Investor 1949 changed his life dramatically.
  3. Warren neither carries a cell phone, nor does he have a computer on his desk.  
  4. Warren still lives in the same house that he bought after he got married half a century ago. 
  5. He doesn’t call the CEOs of his 63 companies regularly, nor does he hold meetings with them. Instead, he writes each one of them only one letter annually. 
  6. He has given his 63 CEOs only two rules. Rule No. 1: Never lose any of your shareholder’s money. Rule No. 2: Don’t forget Rule No. 1.

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