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Tag Archives: Warren Buffett

5 Life Changing Lessons From Billionaire Warren Buffett

How Warren Buffett became a billionaire

This is a post from Shelby at Investing Tips 360. Enjoy! There’s no doubt we could all learn a thing or two from Warren Buffett. He’s one of the most successful investors of all time with a net worth of $62 Billion. His company, Berkshire Hathaway, owns and operates a few of the largest corporations in the world, and he’s been starting and growing businesses longer than most of us have been alive. Lucky for us, Buffett has always been happy to share his opinion and advice over the years, which is quite well documented. You’ll find enough quotes from Buffett on everything from business, investing, and life to fill a book the size of an encyclopedia. Here are 5 of the most meaningful lessons we can take away from the life of Warren Buffett to help us be more successful at anything life throws our way. 1. Confidence breeds success “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffett Confidence is key to success (some argue overconfidence is even better), and Buffett developed it at a young age. Next to his 1947 senior high yearbook photo ...

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You Don’t Need to Predict The Future

This is a guest post from Troy at The Financial Economist. If you’d like to guest post, please contact me.  Yes, you did read the title correctly. In order to make profitable investments, you do not need to predict the future. I understand that at this point, what I’m saying doesn’t make much sense. Let me elaborate. Most investors are accustomed to predicting the future of the stock market – where will it be in the next 3 months, 6 months, 1 year, etc. They do “research” online, and come up with all these predictions backed up with fancy data. However, I prefer to invest differently. I’m not a very smart guy – I literally spent a year preparing for my SAT’s, just to get a meager 1490 (considering the effort v. reward ratio, my score was disappointing). Hence, my brainpower (or lack of) doesn’t let me predict the future like all those Harvard MBA analysts on Wall Street can. My investment style is simple and straightforward: instead of predicting what the economy will be like in the next 3 months or 6 months, I just recognize the fundamentals when they appear. Now you’re probably asking “How does simply recognizing ...

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