Top 10 Lessons From Warren Buffett For New Investors
1. Buy Stock To Own, Not Speculate
2. Don’t Ignore The Value Of Intangible Assets
3. Be Fearful When Others Are Greedy, And Greedy When Others Are Fearful
4. Don’t Invest In Businesses That Are Too Complex To Fully Understand
5. Never Invest Just Because You Think A Company Is Cheap
6. Embrace The Virtue Of Sloth
7. Never Use Borrowed Money To Buy Stocks
8. Time Is The Friend Of The Wonderful Business, The Enemy Of The Mediocre
9. Diversification is good but only up to a point
10. Be paranoid about losing money