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Forum Romania Inedit / Filme Documentare / The Billionaire Next Door: The Wisdom of Warren Buffett Moderat de 80Inanna, Silva, bronson
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drwatson
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English | MPEG-4 6727 Kbps, 720x480, 29.970 fps | PCM 1536 Kbps, 48KHz, 2Ch | 2.79GB

As a kid, Buffett would go door-to-door selling chewing gum and Coke. He’d buy six bottles for a quarter, and then sell them for a nickel each. He bought his first stock at the age of eleven. He bought a 40-acre farm at the age of fourteen using money he had saved from from a paper route.

Some of his fundamental tenets for investing are:
-Patience pays: buy ‘em and hold ‘em.
-Invest in businesses you understand.
-Look for businesses with “durable competitive advantage”.
-Look for honest, able management.
-Buy at a reasonable price.

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People are made to be loved & things are made to be used. The confusion in this world is that people are used & things are loved!
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