Warren Buffett's Advice: 'The Wealthiest People Don't Act Like Rich People'

3 years ago
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Warren Buffett's Advice: 'The Wealthiest People Don't Act Like Rich People'

Warren Buffett is the world’s best investor, the CEP of Berkshire Hathaway and on this video, he’d be sharing pieces of advice with young investors who want to get rich. So as always stay tuned, don’t blink your eyes.

As a young investor, the best you can ever make for yourself, to begin with, is investing in yourself, self-investment cannot be overemphasized. The amount of investment you do in your skills, talents, and abilities matters a lot. It would set the trajectory and pace of your life in the future.

So, you have to take up investing in yourself with utmost seriousness. Accumulate knowledge as much as you can. Always ask questions regardless, buy books, read books and apply the knowledge you get from it. Be a voracious reader, listen to the news on investment get your hands on information as much as you can.

Try to be in the know of the current happenings of the stock market and the stocks of different companies. Study the companies, know their estimated costs, know their strategy. Learn as much as you can.

Buffett said the stuff he learned at 20 is still useful to him today in some way not in all ways though, but the knowledge he acquired from it is still useful to him. So, it is like you are building a database in your mind that is going to pay off soon in the future, but you also have to have a little money to work with too, so there’s nothing like getting a few dollars ahead, stay away from credit cards, and have a lot of fun and if your mind goes along that track as you get older.

Video Producer ➡️ Nikit Bassi | https://www.instagram.com/nikit_bassi/

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