Posted 10/21/2023, 12:45:00 PM
Buffett's Top Investing Tips: Patience Over Timing, Business Savvy Over Stock Prices
- Rule 1 of investing is don't lose money; rule 2 is don't forget rule 1
- Temperament more important than intellect for investors
- Most investors don't think of stocks as pieces of a business
- Stock price alone doesn't indicate value of a business
- Don't need to make money on every investment
- Wait for the right opportunity instead of swinging at everything
- Market timing shouldn't influence investment decisions