How to invest like warren buffet

By Anthony57

Rate: (5 Ratings)

Warren buffet is known as the world's greatest investor. He is the second richest man with a net worth of $30 billion. Warren buffet likes to buy and hold stocks for the long-term. He doesn't invest in tech stocks, He invest stocks he understand. He invest in stock in out of favor industries such as brick,insurance,and beverage companies. He buys stocks in bear markets and sell them in bull markets. Warren buffet said the key to becoming rich in the market, is to be fearful when people are greedy and greedy when people are fearful. Buffet likes to buy stocks with low p/e ratios and growth potentials. He buys stocks like he's buying a business. Warren buffet doesn't diversify, He puts large amounts of money in individual stocks. He likes to buy in businesses that are franchises. He looks at the companies financial statement to determine if the companies a good buy. He also owns his own company called berkshire hathway.

Instructions

Difficulty: Easy

Things You’ll Need:

  • If you want to become a succesful investor like warren buffet.You need to get educated on stocks.The best way to get educated is to read books,articles and finacial magazines.

Step1
Don't invest in stock you don't understand.
Step2
Don't follow the crowd.
Step3
Never buy stocks at high prices.

Tips & Warnings

  • keep it simple.
  • Really study stocks before you invest your hard earned money.You can make a fourtune in stocks as while as lose one.

Resources

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eHow Article:  How to invest like warren buffet

eHow Member: Anthony57

Anthony57

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Category: Personal Finance

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