Our Favorite Warren Buffett Advice: Do Not Lose Money

Seeking Alpha2023-05-28

SummaryWhen Warren Buffett said "Never lose money," what did he mean?Our portfolio performance depends greatly on avoiding poor investments that are not prudent.Buying companies at a fair price makes ...

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Comments

  • Cedric77
    2023-05-29
    Cedric77
    Well written article. Very good read. In short : 1) do not time the market. (DCA for stock worth investing) 2) do your due diligence to understand the stock you are gg to buy. Not by 'hear say'! Do not buy blindly. 3) Buying a stock is easier than selling. Selling need discipline, knowledge and strong psychological mind. IF u need to let the stock go at a loss u decisively must do it else you lost your opportunity to reinvest in better company. 4) Never buy any stock impulsively because it is cheaper than before. Dip in price may spell trouble not a good opportunity. 5) Last but not least, stock market go up and down due to many factors. If u are investing you shld not be emotionally ffected by the market. A good stock you must able to hold and not just sell it off when there is a correcti
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