Many investors tend to focus on what happens today or even this minute in the stock market.
There are many factors that can influence the market prices, such as interest rates, COVID-19 updates, job data, etc.
But should you really pay much attention to these things and adjust your investing strategies from time to time?
In this video, Warren Buffett discusses this issue. He uses his own experience (his first stock purchase) and some convincing examples to show why everyone should do long-term investment to build their wealth.
Buffett is known as a businessman and philanthropist. But he’s probably best known for being one of the world’s most successful investors.
This is why it’s not surprising that Warren Buffett’s investment strategy has reached mythical proportions.
Buffett follows several important rules and an investment philosophy that is widely followed around the globe.
Source: Finance Jane (Shared via CC-BY)
