My afternoon train reading: • Golden rules of thumb (FT) • Warren Buffett’s 23 Best Quotes About Investing (Business Insider) see also Four Long-Term Investing Tips From Warren Buffett (MoneyBeat) • Get Real (Above the Market) • The long shadow of Steve Jobs: Tim Cook at Apple (WSJ) but see The Monuments of Tech (NY Times) • Tax Tricks And...Read More
How three common sense rules can help the average investor prosper.
Earlier this week, Warren Buffett gave Fortune Magazine an exclusive clip of his annual letter to Berkshire Hathaway shareholders. The excerpt included "fundamentals of investing" that Buffett had identified. Fortune had these five bullets (emphasis added): You don’t need to be an expert in order to achieve satisfactory investment returns. Show More Summary
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. Show More Summary
One way of measuring a president’s agenda is by what he highlights in his State of the Union address. Another is by noticing what got left out.
Rule No.1: Never lose money.
MrTopStep's 10 Favorite Warren Buffett Quotes: "Rule No. 1: never lose money; rule No. 2: don't forget rule No. 1.? "Honesty is a very expensive gift, Don't expect it from cheap people." "The most important thing to do if you find yourself...Show More Summary
This post is a virtual interview with Mr. Warren Buffett that I created by framing questions to match answers from his annual letters. Its not a long interview so I strongly urge you to read each answer closely. Really give it an effort to understand what he's saying. Show More Summary
Speaking at Georgetown University's Business School alongside his best-bailed-out buddy BofA's CEO Brian Moynihan, Warren Buffett has some rules (or goals) for the "wealthy" that are summed up perfectly in this quote: BUFFETT: RICH MUST...Show More Summary
By Dividends & Income Daily: "Rule number one is never lose money. Rule number two is never forget rule number one," says Warren Buffett. He's not just blowing hot air, either. For proof, look no further than the performance of his holding company, Berkshire Hathaway (BRK.A), (BRK.B). Show More Summary
In investing, there is one rule that supersedes all others. And this rule should be the first thing you consider when building the core holdings in your portfolio. Legendary investor Warren Buffett put it best: “Rule No. 1: Never lose money. Rule No. 2: Don’t forget rule No. 1.” There is no sure thing in [...]
One of the better known investment rules of Mr. Buffett is to only invest in companies with sufficiently wide economic moats. By that, he means companies that have a strong edge over their peers. This edge can present itself in many forms. It could be a business with extremely high barriers to entry, or it [...]
In investing, there is one rule that supersedes all others. And this rule should be the first thing you consider when building the core holdings in your portfolio. Legendary investor Warren Buffett put it best: "Rule No. 1: Never lose money. Show More Summary
ByMartin Vlcek: When picking a company to invest in, one of the key rules cited by many value and long-term investing legends, such as Seth Klarman and Warren Buffett, is "know what you are buying." Know the company's business, its products, business model and the industry they are operating in. Show More Summary
ByAbba's Aces: Kraft Foods Group (KRFT) is one of those companies that falls under the Warren Buffett rules of investing; in all actuality, Mr. Buffett actually owns 1,602,061 shares of Kraft in his portfolio as of 31Mar13. I personally...Show More Summary
By Daniel Lauchheimer: Warren Buffett famously said that, " the first rule of investing is not to lose money. And the second rule is don't forget rule number one". This statement struck me as strange -- shouldn't the first rule of investing...Show More Summary
Billionaire Warren Buffett has said many times that his investment philosophy is based on a simple rule: he invests in what he knows and understands. You can practice the same rule (although that is no guarantee that you will achieve the success of Buffett), and a good place to start is investing in the companies [...]
Was Warren Buffett born to be a CEO specifically? No. But was he born with a brain for business? I say yes. This is not the career trajectory of someone who’s interested in business and is putting in his ten...
Editor’s Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), Microsoft Corporation (NASDAQ:MSFT), Wells Fargo & Co (NYSE:WFC), U.S. Bancorp (NYSE:USB), Wells Fargo & Co (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM) S&P Cuts Rating for Buffett’s Berkshire Hathaway by One Notch to AA (MoneyNews) Warren Buffett‘s Berkshire Hathaway Inc. Show More Summary
As a value investor, one of my top rules comes from a quote by Warren Buffett warning investors not to buy into hype: "Be fearful when others are greedy and greedy when others are fearful." Following this advice, its time to dig deep to find value in today's bull market. Show More Summary