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The Economic Times
The Economic Times

Wealth wisdom of the day: ‘Rule No. 1: Never lose money. Rule No. 2...' – Warren Buffett’s advice for investors

Warren Buffett is often dubbed as the doyen of value investing, the ‘Oracle of Omaha’ and widely respected as an investing legend. Over the years, the Berkshire Hathaway Chairperson has given numerous pearls of wisdom, giving money rules that resonate with most of the investors globally.

The legend has always known to invest in companies that he understood after thorough research than just mindlessly putting money in. And this is something that Buffett has always tried to convey. The Berkshire Hathaway Chairperson is of the view that the most important quality for an investor is temperament, not intellect.

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