
& ldquo; If you do not get a way to earn money even while sleeping, then you will continue to work throughout life & hellip; & rdquo;, Warren Buffett is not just an advice, but an alarm for all those who are working hard day and night, but money is still ‘fruit of hard work’, not the fruit of hard work, no & lsquo; Smart Investigation & RSQUO; Of. That is, the knowledge that Warren Buffet has shared from his experience is not just for Wall Street, but it is equally important for our own Dalal Street. If you are investing or want to invest in the stock market, then these 5 quotes of Buffet can become a roadmap for your success.
1. "Rule No.1: Don’t lose money. Rule No.2: Rule No.1 Never forget."
This most popular thing about Buffet was revealed in 1983. This means, first save your money. Avoiding loss is more important than profits. If you lost 50 percent in a stock, you will have to earn 100 percent to reach the same level.
2. "It is better to buy an excellent company at the right price, buy an average company cheaply."In his letter of
1989, Buffet said that instead of buying cheap shares, invest in a quality company, even if the price is slightly higher. ‘Moat’ means a strong fort of the company, such as a brand value or market leadership, is a profitable deal in a long race. Remember, the price is what you repay, but the value is what you get.
3. "When all are greedy, fear. When everyone is afraid, be greedy."
In 2004, Buffet gave this precious advice to understand the market attitude. When people are shopping indiscriminately, then work with consciousness and when the market is falling, there is an atmosphere of fear then find opportunities.
4. "The stock market is the place where impatient people hand over money to patients."
In 1987, Buffet said that patience is the biggest strength in the stock market. Those who think of making money quickly, often live in loss.
5. "If you do not find a way to earn money in sleep, then you will continue to work throughout your life."In an interview given in
2017, Buffet told the real power of investment, it is called passive income. These things of Buffett are not just quotes called in English, these are solid strategies landing on the land of investment. When people panic in India’s IPO craze or stock market falls, then these 5 things of Buffet can become your shield. So remember, save money, identify the right company, think upside down from the crowd, be patient and make money earning machines, which work even in your sleep.