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WarrenBuffet | 25 golden rules to remember after your death

WarrenBuffet |  25 golden rules to remember after your death

Everyone knows Warren Buffett. Many people can quote some of his advice or quotes from him; But ultimately, few apply and execute. this is the problem of the majority. They know but they don’t know how to execute.

So we will take Warren Buffett’s greatest tips one by one and try to motivate you to execute them this time.

  1. You don’t have to be a genius to invest and make money on the stock market. You need 1: understand the business. 2: Stick to simple business.
  2. If it required calculus or algebra to be a big investor, I’d have to go back to delivering papers.
  3. Don’t save what’s left after your expenses. Save first, then buy.
  4. When you build a bridge. You insist to the engineers that they can hold 30,000 tons but in reality, this bridge will only have to hold 10,000 tons during its lifetime. You take a margin of safety. It’s the same for investments.
  5. Management is the key to good business. Look for good management and you will find good company. Passion for business, integrity, honesty, long-term orientation, own destiny tied to business.
  6. It takes 20 years to build a reputation and 5 minutes to ruin it. The same should be applied to investments. Always think that your next trade could ruin months or even years of positive performance. You must remain disciplined at all times. The main goal is to avoid big mistakes. Avoiding big mistakes has a much bigger impact on your ultimate performance than you might think.
  7. Predictions say much more about who makes them than about the future itself.
  8. If you like to spend 6-8 hours a week interested in investing, buy stocks directly. Otherwise, regularize your index ETF purchases.
  9. You have to appreciate the investment process much more than the result
  10. The best investment you can make is in yourself.
  11. It’s best to date people who are better than you. Then you will tend to that yourself.
  12. It is better to buy a good company at a good price than a good company at a low price.
  13. What we seek is to pay dearly to resell even more expensively.
  14. The easier speculation seems, the more dangerous it is.
  15. After 25 years of investments. Charlie and I haven’t learned how to find solutions for struggling businesses. We have learned to avoid them.
  16. If you buy things you don’t need. Soon you will have to sell the things you need.
  17. Don’t buy something that you’ll be perfectly happy to hold even if the stock market shuts down for 10 years
  18. Choose simple activities. You must be able to quickly explain the business model to a 10-year-old. If it’s complicated, avoid what you don’t understand.
  19. The first rule in the stock market is to survive. The second rule is never to forget the first.
  20. You don’t have to do extraordinary things to have extraordinary results. Just be there every game and repeat the process with discipline.
  21. You don’t need to know how to run if you’re on the wrong track. It should start from the beginning. Define your goals, your profile and only then adapt your strategy.
  22. What wise men do in the beginning, fools do in the end.
  23. Cash with courage in a crisis is ‘invaluable’
  24. There is enough money to be made in the center of the field rather than playing out the sides.
  25. Someone is sitting in the shade today because another person planted a tree a long time ago.

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CAC 40 analysis

RAs on cac 40. We continue the construction of the consolidation. To relaunch the rise it will be necessary to exceed 7030 points. Below 6950, consumption would certainly seek the 6830-6850 zone. But I still don’t see anything wrong as long as we hold the 6700-6800 area over the medium term.

We’re blowing and it’s healthy and we see the market playing a secondary catching up on growth versus cyclical stocks.

I didn’t do anything to my wallet this morning. I continue to manage what I have. I continue to believe in the return of the outperformance of technology stocks and in particular of Gafam as rates and the dollar continue to ease.

I took profits on Google on Friday after their announcement to continue to remain cautious and guarantee a portion of the earnings for the rest of the line to live better than in theory. On the contrary, I lightened DSy, which is slowing down, although I also see a desire to recover. It may be a matter of time then accumulate again if signal.

Always a lot of money. I won’t be against a bit of building, Friday’s session on the NAsdaq caught me by surprise.

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