Thursday, February 24, 2011

Lessons from the Legends: Buffett on The Two Most Important Rules of Investing

Buffett has two very important rules when it comes to equity investing. Fortunately, they are easy enough for a monkey to understand and remember.

"Rule No. 1: Never lose money.
Rule No. 2: Never forget rule no. 1."

I would conclude by saying don't forget these 2 rules... but rule no. 2 already covers that.
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25 comments:

  1. The Awesome AlienFebruary 23, 2011 at 11:31 PM

    lol those rules are the best rules i have ever read

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  2. AdamFebruary 23, 2011 at 11:57 PM

    It's easier to make rules like that than actually follow them.

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  3. NebberzFebruary 24, 2011 at 12:17 AM

    As simple and silly as it may seem, it's so true. I've started using Mint.com just to see where the leaks in money are occurring most. (:

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  4. AnonymousFebruary 24, 2011 at 2:19 AM

    Probably the most important lesson that everyone should take into account.

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  5. Patti D.February 24, 2011 at 2:20 AM

    Those tips are lame, it's like telling someone to "quit smoking". they are obvious and easy to say, but sometimes very hard to do.

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  6. Igneel21February 24, 2011 at 3:16 AM

    hahaha, thats quite funny

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  7. metaphysicalfarmsFebruary 24, 2011 at 4:57 AM

    Well the market took a dump the last few days. Does it count to lose some of your gain? Or, is loosing gain just like buying food?

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  8. jopjopjopFebruary 24, 2011 at 6:01 AM

    sometimes you have to lose money to earn money

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  9. The Almighty LewisFebruary 24, 2011 at 7:47 AM

    Short, sweet, and to the point. I like it, I think those rules go for pretty much everything though not just equity investing. Always make sure the juice is worth the squeeze.

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  10. James the Giant LeachFebruary 24, 2011 at 8:44 AM

    hah best advice

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  11. MeltedsnowgirlFebruary 24, 2011 at 8:46 AM

    Hmm...I'm tempted to start trading with what little money I'll be making if I get the job I apply for.

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  12. D4February 24, 2011 at 8:59 AM

    Lol... Simple enough for me to remember. I consider myself something of an animal anyway so monkey it is.

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  13. LinksssFebruary 24, 2011 at 3:17 PM

    this man is a genius

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  14. metalpark_73189February 24, 2011 at 5:01 PM

    Two awesome rules, thanks.

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  15. AnonymousFebruary 24, 2011 at 6:19 PM

    Buffett: the Tyler Durden of the Investing World

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  16. synoptixsFebruary 24, 2011 at 7:12 PM

    great rules to live by

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  17. HillDogFebruary 24, 2011 at 7:21 PM

    I guys keep it simple, stupid applies to this. I will definitely use this in my business affairs. Thanks for the consistent great info.

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  18. Aaron M. GipsonFebruary 24, 2011 at 7:22 PM

    Seems fair enough! Now where did I put my wallet... Seriously anybody see it?

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  19. The GovernorFebruary 24, 2011 at 8:25 PM

    good advice, i'd definitely listen to it considering hes one of the richest men in the world.

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  20. GarthFebruary 24, 2011 at 9:25 PM

    best 2 rules around when it comes to money

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  21. The Anything PlaceFebruary 24, 2011 at 10:10 PM

    ^I agree best rules around for the $$$

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  22. SamFebruary 24, 2011 at 10:12 PM

    I agree, these are the best rules!

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  23. UnknownFebruary 24, 2011 at 11:10 PM

    I don't think anyone can disagree with those two rules. Great post!

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  24. AnonymousFebruary 24, 2011 at 11:26 PM

    Perfect. Now if only I could go about following those rules correctly.

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  25. ixgFebruary 24, 2011 at 11:27 PM

    Kinda obvious but yeah good rules to follow :D

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