How Buffett Does It

How Buffett Does It
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Warren Buffett is arguably the world’s greatest investor. His Berkshire Hathaway stock, issued at $450 per share, is now trading at an all time high of $94,000+! Buffett has his own unique investing style: he doesn’t buy what he doesn’t know, he does not time the market, and he never listens to analysts or looks at stock charts. He does not care if the market is going up or down. He advises people who can’t stomach a crash not to invest in stocks. His holding period is “forever.” He is, in short, the single best investor for other investors to emulate. And his methods work for both the novice investor as well as the more seasoned veteran. Here is some of the recommendations in the book: Read Benjamin Graham, but never read anything with Greek symbolsDon’t listen to analystsBe fearful when others are greedy and greedy when others are fearfulFocus on not losing money rather than making itWhy predicting market direction is NOT the key to long term successDon’t own any stock for 10 minutes you wouldn’t own for ten years