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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