Saturday, May 28, 2011

Nine Investing Secrets from Warren Buffett

Secret #1: Invest in quality businesses, not stock symbols.

Secret #2: Don’t invest for ten minutes if you’re not prepared to invest for ten years.

Secret #3: Scan thousands of stocks looking for screaming bargains.

Secret #4: Calculate how well management is using the money they have.

Secret #5: Stay away from “glitter” stocks.

Secret #6: Know what a fat pitch is and what to do with it.

Secret #7: Calculate how much money you will make, not whether the stock is undervalued or overvalued according to some academic model.

Secret #8: Remove the weeds and water the flowers — not the other way around.

Secret #9: Become a conscious investor.