If you want to be as rich as Warren Buffett, don't wait to start. It is the advice that legendary investors share ... 0:00 / 2: 34 NAMWARREN BUFFETT - Photo: Getty / CNBC
. If you want to be as rich as Warren Buffett, don't wait to start. It was the advice that the legendary investor shared at the annual shareholders' meeting of Berkshire Hathaway in 1999, when he was asked to earn $ 30 billion - his net asset value in At that time.Buffett, at the age of 68, said that compound interest (compound interest, "interest of mother profit") was the best friend of an investor
He compared the rich in interest with rolling a snowball from the top of the hill to the hill. "Let's start soon," Buffett said. "I started building a small snowball from the top of a very long slope. The secret to having a long slope is starting when you are very young or you live long. "Omaha's prophet said if he graduated from college in 1999 and has $ 10,000 to invest, he will raise Strategy selection of money pouring place. "Maybe I will focus on smaller companies because it will need less capital and have more opportunities about something ignored there," he explained. He said it would begin to review companies in ABC order and found the way to invest from there.Buffett explains investors who need to protect themselves, rely on their own knowledge and intuition when looking for those Enterprises promise to pour investment capital. He added that wise investors who are the most understanding their own knowledge and do not know anything, and act as fiercely when they noticed something that they considered a good opportunity. "You don't Looking around to look for people agree with you, "Buffett talks about pouring money for an investment
"You can't look around to look for people who even understand what you're talking about." Need to add that Buffett is a veteran supporter of index funds (Index Fund) - Funds to hold all Stocks in a stock index, thus automatically get a variety. To get rich, investors should "maintain buying a fund index s . Dịch vụ:
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