Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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Thursday, 15 August 2013
How to Stay Out of Debt: Warren Buffett - Financial Future of American Youth (1999)
@2.30 Focus on your own earning potential. How to realise your full potential? Education to unlock this potential. Next is developing the right habits (integrity, smart and energetic).
@7.38: A piece of financial advice. Avoid credit cards. Save. Save. Save. Be ahead of the game.
@23.50 Advice for youth on how to ensure their financial future. Develop your full potential. Most people go through life in a "sleep walk". Always be ahead of the game. Save. Save. Save. Don't be behind the game. Have net resources and not having debt. Don't get behind by buying a lot of things that you have to pay interest on.
@27.00 Buffett's advice on students' education debts. High price education versus lesser price education. You need to be prodded in the right direction, but most education is SELF TAUGHT.
@38.30: How does Warren Buffett decide how to invest his time and money in?
@47.50 Warren Buffett's advise those who are interested in stocks and how they can get involved in this..
(His previous 8 years involvement with stock led him to reading Intelligent Investor when this book was written.)
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