Warren Buffett: Philosophy of Success

The five most important investment principles of Warren Buffett:

1.Success comes to those who are patient, who know the market and business in general, and also who have great self-discipline.

2.If you have found a great object for investment, do not pay attention to unfavorable forecasts of the market or the economy as a whole.

3.Do not invest only in order to invest money, and if there are no suitable objects, keep your capital in cash.

4.Determine for yourself what you are versed in. Invest only in those areas that you have learned well.

5.Do not borrow or invest “on credit”.

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