Warren Buffett s 11 pieces of advice on investing

Mondo Finance Updated on 2024-01-19

"Buy a quality company** and hold it for the long term. Our expectation is that the company will continue to grow in value and that we will be able to reap the benefits of it. "

"Risk occurs when you don't know what you're doing. "

"Patience is the most important quality of an investor. Don't be swayed by short-term fluctuations in the market, trust your own decisions, and stick to your investment strategy. "

"Make investments that you can understand. Don't invest in something you don't understand, it's like buying a business that you don't know anything about. "

"The market is a peculiar machine that allows those who have lost patience to give benefits to those who have patience. "

"In the market, the important thing is not that you buy a certain **, but that you buy a good business. "

"In investing, the most important thing is to keep costs low. Don't let fees and fees eat into your earnings. "

", imagine that you will hold the ** for at least 10 years. Don't try to ** short-term market volatility, but focus on the long-term value of the company. "

"Investing is not a race, it's a marathon. You just have to do the right thing and keep a low profile and focus, and success will manifest itself in the long run. "

"Underperforming companies are often due to management issues, so it's important to take a closer look at a company's management capabilities and ethical character before investing. "

"Before entering the investment world, you should first have a clear investment plan and strategy. Investing is not a blind act and needs to be done in a planned way. "

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