[Warren Buffet] Don’t predict the rain, build arks instead!

muiee
2022-03-01

‘Predicting rains doesn't count, building arks does’


I am reminded of this Buffet’s lesser-known quotes from his letters to shareholders in 2001: https://www.berkshirehathaway.com/letters/2001pdf.pdf

[page 9]


It tells us that trying to predict the future such as when Markets will be bullish or bearish, whether you get it right or wrong, matters little. 

What matters is converting our ‘thoughts into actions’ - building arks. 

In current downturn of Markets, it means you have prepared for the flood (downturn) by building arks (have hedges)



It also means to take opportunity to buy stocks of companies with strong business and good fundamentals! 



Have you been building arks, either by hedging or keeping some dry powder (cash) in hand to take advantage of this Market downturn? or have you been just predicting rains thinking, hoping for the markets to calm down, staying at the sideline and potentially miss great investing opportunities?






Thanks to ‌@CaptainTiger‌for this great sharing opportunity


Please comment below :-) or go to this post to comment, repost and earn some rewards.

https://ttm.financial/m/post/9039295583 


Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • MurrayBulwer
    ·2022-03-01
    Great point of view! But this is really the difficulty of investment. It is difficult for us to make a very appropriate judgment for each situation.
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    • MurrayBulwerReplying tomuiee: 
      yes! Sometimes investment can be very simple, but it is very difficult to invest well!
      2022-03-03
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    • muiee: 
      Agree if investment is easy we will all be millionaires [LOL]
      2022-03-02
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  • DaisyMoore
    ·2022-03-01
    Very reasonable! It is very difficult to accurately predict the rise and fall of stock prices. We should learn to carry out different operations in various scenarios to protect our assets.
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  • PagRobinson
    ·2022-03-01
    Buffett shared a lot of valuable investment experience. I like it so much!
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  • zinglee
    ·2022-03-03
    “Price is what you pay. Value is what you get.”Buffett is a required lesson for investors
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  • EvelynHoover
    ·2022-03-01
    There have been a lot of discussions about Buffett recently. What news did I miss?
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  • Hilliton324
    ·2022-03-07
    You're right. It's important to plan ahead.
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  • SR050321
    ·2022-03-01
    👍
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