Feb 7, 2015

7 Tips from Warren Buffet



Warren Buffett was the most successful investor of the 20th century.
He is the chairman, CEO and largest shareholder of Berkshire Hathaway, consistently ranked among the world's wealthiest people.

7 Excellent tips by Warren Buffet

1) On Earning:
Never depend on single income. Make an investment to create a second source.
2) On Spending: 
If you buy things you do not need, soon you will have to sell things you need
3) On Savings: 
Do not save what is left after spending but spend what is left after saving
4) On Taking Risk:
Never test the depth of river with both feet
5) On Risk: 
Risk comes from not knowing what you’re doing.
6) On Investment:
Do not put all eggs in one basket
7) On Expectations:
Honesty is very expensive gift. Do not expect it from cheap people.

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