By Neha Yadav
Published Jun 18, 2024

Hindustan Times

Photo Credits: HT File Photo

Warren Buffett approved 8 useful investing tips

Warren Buffett, businessman, investor and philanthropist frequently shares tips on successful investment plans. 

Here are some of his essential investment tips that he shared with Bankrate. 

“Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”

“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”

“The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch.”

“If you like spending six to eight hours per week working on investments, do it. If you don’t, then dollar-cost average into index funds.”

“You don’t get paid for activity, you only get paid for being right.”

“At the business school, I tell them that they would all be better off if when they got out of school somebody gave them a card with 20 punches on it and every time they made an investment decision, they used up a punch.”