How To Invest Like Warren Buffett
Warren Buffett is considered one of the greatest investors of all time because of the strong returns the “Oracle of Omaha” has generated for his company Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) over the years.
Buffett uses a disciplined strategy and has rules in place to maximize gains and limit risks. Here is a look at some of Buffett’s investing principles.
Own Stocks for Long Term: One Warren Buffett investing principle is to buy and hold stocks.
Buffett bought his first stock at the age of 11 at $38 a share. Buffett sold the stock at $40 for a gain on his purchase.
The share would climb to over $200 later, and he cites that as when he learned a lesson on patience in investing.
“If you aren’t thinking about owning a stock for 10 years, don’t …