Thursday, March 4, 2010
The Oracle's Tips for the Rest of Us
Something relatable...Warren Buffet provides his advise to us on investment. Warren Buffet time again and again has made predictions, and critics are quick to judge. This time, Buffet's advice is proven right. Here are 7 tips to help us out with investing.
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Warren Buffet has been proved right so many times, it’s surprising that people still doubt him. His investment practices are not exciting, nor are they flashy, which sometimes makes him seem out of date. However, even in turbulent times, Buffet is still able to produce impressive profits. There’s no secret to Buffet’s success, other than good common sense, which makes me wonder why more investors don’t operate like his company does. Berkshire invests in companies that have proven their value and doesn’t look for quick profits or dramatic growth. He also doesn’t buy into media hype, which is perhaps why many people do not follow his sage advice.
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