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Warren Buffett's 5 Rules For Investing

https://www.businessinsider.com/warren-buffetts-investing-fundamentals-2014-2#

businessinsider.com

Warren Buffett's 5 Rules For Investing
Fortune Magazine has an excerpt from Warren Buffett's always-anticipated annual letter to Berkshire Hathaway shareholders. He discusses two past property investment he had made. The first was a 400-acre farm in Nebraska, which he paid $280,000 for in 1986. The second was retail property near New York University in 1993.

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Warren Buffett's 5 Rules For Investing

Warren Buffett's 5 Rules For Investing
  • You don't need to be an expert to achieve investment returns. 
  • Focus on the future productivity of the asset you are considering.
  • If you focus on the prospective price change of a contemplated purchase, you are speculating.
  • Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
  • Listening to the macro or market predictions of others is a waste of time - it may blur your vision of the facts that are truly important.

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