Rule Number One
"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."
Capital preservation is the foundation of investing.
Read Full Analysis →Warren Edward Buffett (born August 30, 1930) is an American businessman, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Known as the "Oracle of Omaha," Buffett is one of the most successful investors of all time with a net worth exceeding $100 billion. Under his leadership, Berkshire Hathaway's stock price has...
"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."
Capital preservation is the foundation of investing.
Read Full Analysis →"In looking for people to hire, look for three qualities: integrity, intelligence, and energy. And if they don't have the first, the other two will kill you."
Integrity is the most important quality in business partners.
Read Full Analysis →"It is better to be approximately right than precisely wrong."
A rough estimate of true value beats a precise calculation based on flawed assumptions.
Read Full Analysis →Warren Buffett has 3 key principles on thinking methods. The most important one is "Rule Number One" — Rule No.
Warren Buffett applies thinking methods through several key principles including "Rule Number One" and "Three Qualities of People". These principles guide practical investment decisions and have been tested across decades of market cycles.
Warren Buffett's approach to thinking methods is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Warren Buffett provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.