In this video, we will talk about the five lessons that we can learn from Warren Buffett, be it an investment or a personal one.
What are the five lessons by Warren Buffett?
1. Invest only in those businesses that you understand- Research everything about any business, field, or sector before you even think about investing in them.
2. Pay little attention to headlines- Keep away from all the artificial hype and buzz in social and digital media and trust only in reputed news sources and headlines.
3. Be patient with your headlines- Instead of switching from one stock to the other based on fluctuations in stock prices, hold on to your quality investments for the long run.
4. Don’t borrow money to invest- Borrowing can result in a double loss for you in the stock market. Therefore invest only when you have the money to do so.
5. Invest in yourself- Keep learning new skills and read as much as you can about the financial world, and there is always a chance you may end up growing in the stock market even faster than you thought.
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