What is Warren Buffett known for?
Warren Buffett, known as the “Oracle of Omaha,” is an American businessman and philanthropist.
He is widely considered the most successful investor of the 20th century.
Buffett runs Berkshire Hathaway, which owns more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen.
Buffett follows several important rules and an investment philosophy that is widely followed around the globe.
Warren Buffett is a famous proponent of value investing.
His investment style is to buy ably managed businesses, in whole or in part, that possess favorable economic characteristics.
Warren Buffett trusts that the market will eventually favor quality stocks that were undervalued for a certain time.
He looks at each company as a whole, so he chooses stocks solely based on their overall potential as a company.
In this video, he talks about common mistakes people make in their investments. He warns that these mistakes can be very destructive and should be avoided.
Warning: This video is to show you Buffett’s opinion about investment mistakes. Please do your research before doing any investment. A good balance between return and risk is the key to investment success.
Source: Finance Jane (Shared via CC-BY)