How to use Buffet's 5 tips to build Wealth - Deepstash
The Philosophy Of Alan Watts

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The Philosophy Of Alan Watts

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How to use Buffet's 5 tips to build Wealth

  1. Hold stocks for the long term
  2. Be choosy about where to invest - by understanding the business
  3. Ask yourself"Is the business going to keep producing more money all the time?"
  4. Extreme diversification is the right approach if you do not have enough time to sort through the businesses. The solution is low-cost index tracker funds
  5. If you have time to  put in the effort, try to find about 6 wonderful businesses.

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"What we really want to do is buy businesses that we will be happy to hold forever"

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This article provides two key tracks about investment in terms of time available.

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