Kathmandu. Warren Buffett, the world’s leading investor and fifth richest man, recently announced his decision to step down as CEO of Berkshire Hathaway. With this, his six-decade term will end.
Berkshire Hathaway, led by Buffett and Charlie Munger, has grown from a textile firm to a $1.11-trillion group. Not only this, the company also has a cash reverse of $ 347.7 billion with the company.
Warren Buffett says, “When someone else is greedy, you have to be afraid. And when others are afraid, they should become greedy. Buffett has achieved success with a similar investment strategy. Today we are discussing six investment strategies of Buffett.
Invest within the scope of your capabilities
According to Buffett, the risk comes when you don’t even know what you’re doing. That’s why Buffett advises investing in areas and businesses that you really understand.
Long-term thinking and restraint
Buffett emphasizes long-term investment. His favorite habit is to invest and hodge. In today’s stock market, this is being ignored. Therefore, investment should be done with a strategy of long-term holding. Doing so will be beneficial in the future. This simple principle values patience and patience.
Control over your emotions
Buffett has said at Berkshire Hathaway’s annual events that he will not allow Dal and Greed to dominate his investors’ decisions. Therefore, when others are profitable, they should be afraid. And when others are afraid, they should be greedy.
Ensure margin of protection
According to Buffett, investing in cheap shares can be a mistake. To avoid such things, the margin of investment security should be ensured. So the classic idea helps in protecting capital. It is very beneficial, especially in the event of economic recession and uncertain markets.
Don’t go after the crowd
Buffett always advises independent thinking. Many investors in the stock market follow the crowd. This gives rise to bad investment decisions. To invest in the right field, it is necessary to study and analyze yourself.
Invest in itself
Buffett always advocates personal growth and growth. “Continued learning through books, listening to intellectuals, enhancing financial security, and efficient guidance can help achieve better investment results,” Buffett said.
