DisclosureThe Warren Buffett Way of Investing: The Secrets of the World’s Greatest Investor – Robert Hagstrom (ed. Benvirá) Warren Buffett is not only the most famous investor of all time, but also one of the richest people in the world.
With an estimated net worth of $138.6 billion, he ranks sixth on Forbes’ global billionaires list. His investment teachings are deeply ingrained in the financial market, and many of his pieces of advice are taken as axioms.
To make it easier for investors who want to navigate through his wisdom, Hagstrom has described the main strategies that define Buffett’s way of investing.
Based on decades of study of his letters, interviews, and acquisitions, the author listed, for example, 12 basic principles that guide the billionaire’s stock purchases.
It is not surprising that many of them refer to the importance of patience and knowing a company intimately before acquiring shares. According to the investor, the mindset when buying a company’s stocks should not be much different from that of acquiring the entire company.
Warren Buffett is not only the most famous investor of all time, but also one of the richest people in the world. With an estimated net worth of $105.2 billion, he ranks ninth on Forbes’ global billionaires list. His investment teachings are deeply ingrained in the financial market, and many of his pieces of advice are taken as axioms.
To make it easier for investors who want to navigate through his wisdom, Hagstrom has described the main strategies that define Buffett’s way of investing.
Based on decades of study of his letters, interviews, and acquisitions, the author listed, for example, 12 basic principles that guide the billionaire’s stock purchases. It is not surprising that many of them refer to the importance of patience and knowing a company intimately before acquiring shares.
According to the investor, the mindset when buying a company’s stocks should not be much different from that of acquiring the entire company.
