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Warren Buffet’s Investment & Life Wisdoms

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May 10, 2011 05:02 am
#1
illiterate User

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Spending: If you buy things you don't need, you'll soon sell things you need.

Savings: Don't save what is left after spending; spend what is left after saving.

Hard work: All hard work brings profit; but mere talk leads only to poverty.

Laziness: A sleeping lobster is carried away by the water current.

Earnings: Never depend on a single source of income.

Borrowings: The borrower becomes the lender's slave.

Accounting: It's no use carrying an umbrella, if your shoes are leaking.

Auditing: Beware of little expenses; a small leak can sink a large ship.

Risk-taking: Never test the depth of the river with both feet.

Investment: Don't put all your eggs in one basket.

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

May 10, 2011 03:13 pm

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Nice one. Worth reading.

Thanks for sharing with us

Stick to your rules

May 12, 2011 07:05 pm
ironical User

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Risk-taking: Never test the depth of the river with both feet. Investment: Don't put all your eggs in one basket.


I liked these the most. The forex traders should read it.

The good or ill of a man lies within his own will. – Epictetus

Jun 30, 2011 05:57 pm
Jogi User

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Great post. Especially the following are really great.

 

Savings: Don't save what is left after spending; spend what is left after saving.

Earnings: Never depend on a single source of income.

Risk-taking: Never test the depth of the river with both feet.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Sep 06, 2011 10:50 pm

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warren buffet is a great person i read his histry and i am fan of this person ...

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Sep 16, 2011 03:20 pm
bobdefete User

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This is going on my wall !!!

such wisdom ! 

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