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You donft get labeled the gOracle of Omahah for nothing. <a href=https://trips62.cc>„„„‚„y„„ƒ„{„p„~ „r„‡„€„t</a> As one of the worldfs most successful investors, Warren Buffettfs views on markets, companies and the economy have always been of great interest on Wall Street and Main Street. <a href=https://trips62.cc>„„„‚„y„„ƒ„{„p„~ „ƒ„p„z„„</a> Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company. <a href=https://trips62.cc>„„„‚„y„ „ƒ„{„p„~</a> But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.
Herefs just a sampling:
Donft lose money gThe first rule in investment is donft lose. And the second rule in investment is donft forget the first rule.h
Buffett is best known as a value investor someone who buys companies he believes are undervalued. gIf you buy things for far below what theyfre worth and you buy a group of them, you basically donft lose money,h he explained on Adam Smithfs Money World.
But Buffettfs advice also speaks to the need to diversify risk.
gItfs the foundation of how I manage client money,h said certified financial planner and CPA Brian Kearns. gInvesting is about growth, but it is also about capital preservation. c Find reasonably priced investments c but donft risk too much of your net worth on one idea.h
It also means investing across asset classes. gThey all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,h Kearns said.
Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, in 2008. Warren Buffett's life in pictures 42 photos Warren Buffett greets shareholders during Berkshire Hathaway's annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters Focus on the essentials tripscan https://trips62.cc