Warren Buffett’s investment advice is timeless. Many investors have lost track of the number of investing mistakes they have made over the years, but almost all of them fall into one of the 10 buckets of investment tips given by Warren Buffett below.
By keeping Buffett’s investment advice in mind, investors can sidestep some of the common traps that damage returns and jeopardize financial goals.
Each nugget of wisdom is supported by at least one of Warren Buffett’s quotes and is helpful for investors seeking to find safer stocks. Let’s dive in.
1 Invest in what you know…and nothing more.
2 Never compromise on business quality
3 When you buy a stock, plan to hold it forever
4 Diversification can be dangerous
5 Most news is noise, not news
6 Investing isn’t rocket science, but there is no “Easy Button”
7 Know the difference between price and value
8 The best moves are usually boring
9 Low-cost index funds are sensible for most investors
10 Only listen to those you know and trust ♦
