SOME WISDOMS FROM WARREN BUFFET

I am not kind of the person who is crazy about Warren Buffet as the new runner investors and the media are. But I have found some pretty remarkable rules from him. He is not the prototype of speculator but a perfect prototype of investor.

The “Oracle of Omaha” is a buy and hold investor and that made him close the richest man on the planet. In point of trading I listed some of his wisdoms below:

1. It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
2. Risk comes from not knowing what you’re doing.
3. I never attempt to by saveshare" target="_blank">make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
4. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful
5. Time is the friend of the wonderful business, the enemy of the mediocre.
6. Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, “I can calculate the movement of the stars, but not the madness of men.” If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.
7. If I ever write a book, it will be titled ’why smart people do stupid things’.
8. History does not tell you the probability of future financial events happening.
9. The best buys have been when the number almost tell you not to
10. We don’t spend any time looking back at Berkshire. There’s so much to look forward to that it just doesn’t make sense to look behind. You can only live life forward.

Take a look at our Swiss fund and begin to invest with us! 

The BFM Assets Team.