
1. Don’t gamble.
2. Buy securities as cheaply as you can. Set up a “margin
of safety.”
3. Buy what you know. Remain within your “circle of competence.”
4. Do your homework. Try to learn everything important
about a company. That will help give you confidence.
5. Be a contrarian—when it’s called for.
6. Buy wonderful companies, “inevitables.”
7. Invest in companies run by people you admire.
8. Buy to hold and buy and hold. Don’t be a gunslinger.
9. Be businesslike. Don’t let sentiment cloud your judgment.
10. Learn from your mistakes.
11. Avoid the common mistakes that others make.
12. Don’t overdiversify. Use a rifle, not a shotgun.
From J.K. LASSER’S PICK STOCKS LIKE WARREN BUFFETT
Ethical or Shariah Compliant Investments are very similar to Value Investment methodology followed by Warren Buffet.
ReplyDeleteWe at www.wealthcity.in follow the same and have seen good returns,..
Check this vedio also for more
http://www.youtube.com/watch?v=XeQkY7DoY9U