Beschreibung
β€οΈ Monk's Market Mastery: http://bit.ly/MonkMR β€οΈ
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Warren Buffett's first interview on television. Let's analyse Warren Buffett, the best investor of all time in the stock market. He starts with 2 rules, never lose money, and second never lose money. As an investor, you want to pick a business that will do well in the long term and not panic sell if it drops in the short term. You don't need a high IQ to pick good stocks, you only need to be emotionally stable. After your research into a stock, you have to not watch the news or the price of the stock daily, trust it'll do well in the future. Trading on emotions is the worst mistake the average investor makes, something Warren Buffett doesn't do. Warren also lives in Omaha instead of Wallstreet because there's less excitement and noise coming from the news. He believes in choosing sectors he understands, meaning nothing related to technology. Choose a sector you fully understand and you will make more money. There's no rush to buy a company, you can wait for the perfect opportunity and the perfect business. These are simple principles but not easy to follow. Controlling your emotions, researching the right company for you, and waiting for a good time takes a lot of experience and control. Use all these fundamental aspects of investing like the best to invest like Warren Buffett.