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Warren Buffet Golden Rules of Trading

Posted By On 12/03/2010 07:15:00 PM Under

Warren Buffet Golden Rules of Trading are as appended below:
  • Fortune favors the brave: Invest in Stock Markets to become a co-owner and not to make profits out of fluctuations.
  • Never invest in a business you cannot understand.
  • Risk can be greatly reduced by concentrating on only a few holdings.
  • Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years
  • Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market
  • The advice “you never go broke taking a profit” is foolish
  • Buy a business, don’t rent stocks
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