Warren Buffet and Me

Rules to Live By

According to Stephanie Loacona at Investopedia (and probably most people) Warren Buffet is very successful. At least he's a success in terms of the stock market and philosophy. And here is his philosophy :

1. Never Lose Money
2. Never Forget Rule #1
3. If the Business Does Well, the Stock Eventually Follows
4. It's Far Better to Buy a Wonderful Company at a Fair Price, Than a Fair Company at a Wonderful Price
5. Our Favorite Holding Period is Forever

Those are terrific rules for stock investing, and with a bit of tweaking, they're great rules for life too!

1. Never lose sight of what is important to you.
2. Never forget rule #1
3. If you're heart is in the right place, all else will follow.
4. It's far better to be a good person in a bad world than a bad person in a good world.
5. Our favorite long term goal is forever.