Wisdom from Warren Buffet :
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
+ Wide diversification is only required when investors do not understand what they are doing.
+ Never invest in a business you cannot understand.
+ Why not invest your assets in the companies you really like? As Mae West said, “Too much of a good thing can be wonderful”.
+ Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
Enjoy Your Tuesday!