1. Continuing with Warren Buffet tips and thus we analyse a few more pearls of wisdom from him and same is stated below:
2. Warren alwaysadvised people to buy onl those stocks regarding which they had some knowledge. It is similar to our non handing of our child to a non acquaintance and thus corollary to that is that should we hand over our investmnts to an unknown company.
2. Warren Buffett advises to invest in companies regarding which one possess knowledge by virtue of profession or knowledge. Since he did not have any knowledge of internet stocks and thus did not invest even an iota of money into it and thus was saved from internet bubble in 1990.
3. Warren Buffett advises to give time to investment to grow. He advises people to go for stocks which can produce stable returns close to 20-25 percent per annum for next 25 years. For eg he invested only a few million dollars in the Washington Post newspaper, and it became worth a billion dollars over a period of years.
4. He further advises to buy a stock at the right price at right time as he did with Washington Post newspaper investment.
5. Warren Buffett says that investment is commonsense.
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2. Warren alwaysadvised people to buy onl those stocks regarding which they had some knowledge. It is similar to our non handing of our child to a non acquaintance and thus corollary to that is that should we hand over our investmnts to an unknown company.
2. Warren Buffett advises to invest in companies regarding which one possess knowledge by virtue of profession or knowledge. Since he did not have any knowledge of internet stocks and thus did not invest even an iota of money into it and thus was saved from internet bubble in 1990.
3. Warren Buffett advises to give time to investment to grow. He advises people to go for stocks which can produce stable returns close to 20-25 percent per annum for next 25 years. For eg he invested only a few million dollars in the Washington Post newspaper, and it became worth a billion dollars over a period of years.
4. He further advises to buy a stock at the right price at right time as he did with Washington Post newspaper investment.
5. Warren Buffett says that investment is commonsense.
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