Who hasn’t heard of The Oracle of Omaha? The celebrated investment guru, nicknamed the Sage or Oracle of Omaha is now in his 80’s and he still helms one of the world’s most profitable companies, Berkshire Hathaway. He also happens to be the second richest man in the world. Lucky? No, just smart investment decisions.
If you ask me, Warren Buffett is the right person to seek investment advice from, especially if you’re planning to invest your money somewhere. And he’s got lots to dish out, stemming from his years of experience in investment.
Tip: In an annual shareholder letter to Berkshire Hathaway, Warren Buffett admitted that he didn’t invest in tech companies because he didn’t understand them. This is by large my favourite piece of advice too.
Tip: Mr Buffett spends up to 18 hours a day analysing hundreds of companies each day too.
Tip: Mr Buffet wasn’t sure about his 1998 purchase of General ReInsurance, and he has admitted that it nearly cost him his biggest success ever.
With these tips and more from one of the world’s biggest investors, making your investment should come a little easier.
Good luck!