How Warren Buffet build wealth by investing? - page 2.

Febo

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Quote from: Prateek_sharma on January 11, 2020, 12:41:14 AM

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door.

LOL that is really tough.

Few weeks ago when I was at doctor and in waiting room two old ladys disused their early life. They are about the age of Buffet or a bit younger. It was soon after WW2 in europe, her dad died and was no food at home so mom send her to help some other family just to be able to eat well once a day. Being few years old. Maybe 5-10 I dont remember.

Poor Warren had to sell chewing gums from door to door Sad

semobo

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Quote from: ChrisPop on January 12, 2020, 12:53:03 PM

It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.

Too much of work pressure also results in stress so better live balanced life while investing.Maybe we can't see another warren buffet since the things were changed from his time period and now so following his investment plans may not work anymore.

ChrisPop

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Not your Keys, Not your Bitcoins

It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.

bttmember

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AMEPAY

I do respect and honour Warren as an investor and entrepreneur and also as a decision maker, his words of wisdom about investing are great and there are good lessons to learn from them, he is truly an inspiration for us all but in the end i think that luck weighs in heavily with such success stories and i think warren was really lucky and so his investing decisions in his life have made him what he is today.

seleme

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Duelbits.com

I remember the strategy called Turtle Trading which created by Warren Buffet. He made the right choices at the perfect time, the patience helped him to harvest profit from his smart investment deals. There were dates when it was possible to trade stock market crash betting and betting against the central banking(GBP bet by Buffet).

coin-investor

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Leading Crypto Sports Betting & Casino Platform

Quote from: Prateek_sharma on January 11, 2020, 12:41:14 AM

Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?

I admire the guy on what he has gone through and how he made a great business decisions, but I don't like him bashing or giving negative comments on Cryptocurrency when the truth is on his face that this is the technology of the future, anyway he will not live up to more years where he can see Bitcoin being used by almost all of the country, and blockchain integrated into every system and industry.

semobo

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Spend only 50% or even less from what you are making and invest the remaining into things which gives your interests or profits that is the simple strategy to be a billionaire someday but it takes few decades even if you constantly follow the strategy and right investment.

jhonjhon

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Investing is one of the best way to earn money that is why it is a surprise that we hear about people becoming rich through investment. There are different types of investment it is important that you choose the right investment for you, it is very important that before investing on something you should know every detail and choose the investment you think will work for you.

PuertoLibre

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Warren Buffett: Be greedy when others are fearful and be fearful when others are greedy.
The legendary investor is a great source of motivation with his deep market experience and money management. The simple life rules are still followed by the Waren Buffet even he has the funds to buy the whole territory where he lives in the small house. The stock market traders never will be able to achieve the same results, in my opinion.

r32godzilla

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He invested mainly into stocks and he hold stocks for a long time. Now he see how big opportunity he missed, so he called cryptocurrencies a fraud. And stock market is not a fraud? Not pumped by money created by FED and other commercial banks?
You can follow his ideas in something what he is doing, in what he is good, in what he understands. But, do not trust everything what he says, he defends his interests.

Byakuga

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Quote from: pakhitheboss on January 11, 2020, 03:13:35 AM

This man is a genius, all investment that he made were dikh but we'll calculated. I wish I had the same quality like has has. One of his famous quote that still gives me goose bump is "Someone's sitting in the shade today because someone planted a tree a long time ago". What a visionary he is!

The most favourite quote from Warren buffet is ' be greedy when others are fearful and be fearful when others are greedy' i believe no one is born genius, how to spot the right time for opportunity can be deceiving sometimes so persistence is the key to success

mcnocon2

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📱CARTESI 📱INFRASTRUCTURE FOR DAPPS

Yes, Warren Buffet is such an amazing guy. He is an inspiration to us all, investors should always listen on how his life turn from rags to riches. Life maybe tough from him from the beginning but he fought it back just to get what he is dreaming of. The lesson we can learm from this man is patience, and theres money in investing

fvb

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I read the biography and articles of this respected person. A lot of interesting and useful information. I liked his expression that the one who knows how to wait, ultimately gets a good return on his investment and becomes rich.

airdnasxela

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Most rich people have inspiring stories to tell, especially those who came from rags to riches. This kind of stories like the story of Warren Buffett are really nice to hear and read. Because it inspire people to become like them. To do well, and work hard on things if you want it to achieve. Being poor is okay, but if you want to become a millionaire, or even a billionaire the. work hard for it.
I've already heard a lot of stories like this. And it really inspire me to work harder.

Ridwan Fauzi

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First of all, I wanna talk that everyone have their own way to reach a situation that they want or we can say it a success. I know Warren Buffet, Jack Ma and another people who was successful now and they had a difficult life.

Even, I'm dissagree if someone must take the way like Warren Buffet or etc to get a success. He must believe that he is able to get what he want with his own way and make the successful people as a role model not as a benchmark.

Because if we pair the situation all of them and our situation now is really different. We have more chance to make our life bloom because we have many information and we can use them as a stuff to make easier our purpose.

bitcampaign

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That sounds good. Not only that there are many other successful people who have also felt how it feels to live down and they work hard for it all, at this time they can enjoy the results of their hard work and enjoy their old age, but it is unfortunate Warren Buffet not being part of technology in the future and investing in bitcoin or other cryptocurrencies, it looks strange even it seems like he doesn't care about technological sophistication so he is not interested in investing in crypto currencies

fortunecrypto

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Quote from: Prateek_sharma on January 11, 2020, 12:41:14 AM

Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?

His story is very motivational but unfortunately, he missed the best investment of his life and this is Bitcoin, he likes and actually knows how to invest in a traditional way, but unfortunately, all the investment combined that he invested are nothing if you compare it to Cryptocurrency, even if the reality is on his face, he still doesn't want to invest in Crypto.

duuuuude

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All such billionaires have similar legends - difficult childhood, work at McDonald's and so on. As a matter of fact we do not know, especially from such a seller by air like a buffett. But the dude is undoubtedly well done, not everyone can do so famously.

jazmuzika217

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It is good to know about his story to make all of us here in crypto world being motivated on what we are doing. I salute to those people who are working hard to achieve their dreams. I hope someday all of us will become Mr. Buffet that become a good example that all of us have a good opportunity on this industry all we need is hard work.

naikturun

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Undeads.com - P2E Runner Game

teaches us to always be patient and not give up easily, it takes a long time so that he can become the most shareholder in his company, he waits for about 50 years, and buys these shares little by little.
I had read this and remembered it as motivation. Cheesy

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