Warren Buffett a well-known investor and Chairperson of Berkshire Hathaway turns 93 years old today. Buffett is mostly known for investing in Coca-Cola, Apple and other great companies.
Warren Buffett was asked once at a conference where did learned economics and investment strategy. He said that he learned all the economics and investment strategies from Adam Smith and John Maynard Keynes’s books.
Warren Buffet said many times in interviews that a lot of the younger people don’t understand the importance of wealth. Buffet suggested that younger people should focus on wealth first rather than achieving material desires.
Thousands of people attend Berkshire Hathaway’s annual meetings where he gives the best investment advice to people especially younger people to keep investing in great companies.
Warren Buffett’s Great Advice
Most of the time wealthiest investors sit down on TV to be interviewed about finance, Every time Warren Buffet sit with a TV presenter, he comment on something new and relevant. In a CNBC interview, he said that if people can save money, they should buy shares in the S&P 500 index, it easiest way to generate wealth.
Most of Warren Buffet’s strategies work in hard times when the investors are likely to sell, You should be buying at this stage.
Warren Buffet strongly believed that the American economic system will bounce back, business will perform better and better repeatedly over the period of years.
