As the latest in my ‘videos on sundays’ series, I offer some advice from the man billed as the ‘greatest investor who ever lived’.
In 7 minutes you will have ALL of Warren Buffet’s secrets 😉
… maybe not, but you WILL have some insights into his life (the first three minutes) followed by some of the best investing advice that I have seen.
Warning: some of these slides flash across your screen so fast that you will have trouble following them, so pay attention to the very last two slides if you are not an expert investor:
http://youtube.com/watch?v=iW1eg9p5wq4
BUT …
If you are a student of investing, have a long-term view and are willing to dedicate some time and effort, take note that Warren offers exactly the opposite advice for you …
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
… he also points to this time in history as being possibly a great time to make your fortune:
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Warren Buffett
I see a lot of doom and gloom … I bet that Warren Buffet is gearing up for something big …
What are you doing right now?