” s only when the tide goes out that you discover who s been swimming naked. Naked. And what buffett means by this is that when times are good in the it is very easy to make money. It s only when things go south and the markets come crashing down.
That we realized who was investing responsibly and who was swimming naked. This all starts from things like profit taking not being over leveraged and holding quality assets maybe even something like bonds number nine somebody is sitting in the shade today because somebody planted a tree a long time ago the benefits of a tree such as shade shelter and beauty are a result of a tiny seed slowly growing into a tree over the course of years and years and years. It s the equivalent of an investment portfolio started a long time ago from something very small and growing into something far greater over time number eight. It s far better to buy a wonderful company at a fair price than a fair company at a wonderful price and all else being equal you d rather invest in a quality company.
Although it may not be showing extreme value versus a mediocre company that currently looks attractive think about it this way would you rather have a small piece of a delicious pie or a big piece of a crappy one number seven only buy something that you d be perfectly happy to hold if the markets shut down for ten years now when investing in a company..
You should always come in with a long term view. If the stock market were to close down. And you were unable to sell your stock for ten years. How would this company be doing ten years from now would that be okay.
Number six in the short term. The market is a popularity contest or a voting machine in the long term. The market is a weighing machine. Now what buffett means by this is that the markets can remain irrational.
Over short periods of time and companies may trade unjustifiably higher or lower..
But over time companies do revert to their mean or to their intrinsic value. So think voting versus weighing number five and this is one of my favorites you don t need to be a rocket scientist investing is not a game where the guy with the 160 iq beats the guy with the 130 iq and this is a very powerful quote. Because the stock market is a very interesting place where the smarter person does not always have the advantage in fact a smarter person can often cause more harm to their portfolios by thinking that they know more than they really do number four a classic price is what you pay value is what you get and when it comes to investing price and value are not always the same thing when investing in a stock always understand that the price may be above or below. What the company is actually worth price is what you pay value is what you get number three our favorite holding period is forever and when buffett invests in a company.
It is not for the short term like a month or a year. The idea behind buying stocks is to gain ownership into a quality business that you could hold for years and years to come number two be fearful when others are greedy and greedy. When others are fearful the best times to buy stocks are when investors are scared and the share prices are depressed. In other words.
When people are selling and as difficult as it is to not follow the herd and buy into this weakness..
This is a strategy that will do you wonders over the years number one my favorite quote by warren buffett. Investing is simple. But not necessarily easy and believe it or not the technical part of investing such as picking stocks and building a diversified portfolio is actually the easy part. But being able to manage the psychological aspects of investing such as managing your emotions being patient and staying disciplined to your plan is what makes for a truly great investor.
So guys those are my top 10 favorite clothes by warren buffett. Which of these is your favorite and did i leave any out be sure to leave a comment down below. And if you enjoyed the video feel free to give it a thumbs up thank you for watching. ” .
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” FREE Training Video + Join Our Investing Academy http://bit.ly/InvestingAcademynn#buffett #warrenbuffett #quotesnnWarren Buffett has flooded the investment community with knowledge over the years. nnIn today s video we ll take a look at his 10 top quotes are break them down one by one to see what Buffett really meant by them!nnI hope you all enjoy :)”,
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