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Multi-Billionaire Warren Buffet’s 6 Poweful Tips To Live By

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Warren Edward Buffett is an American business magnate, Multi Billionaire Investor, and philanthropist. He is widely considered the most successful investor of the 20th century.
 He was ranked as the world’s wealthiest person in 2008 and as the third wealthiest person in 2011.

 

Here are his 6 major rules to living a successful life:

1. On Earning: “Never depend on a single income. Make Investments to create a second source.”

2. On Spending: “If you buy things you do not need, soon you will have to sell things you need.”

3. On Savings: “Do not save what is left after spending, spend what is left after saving.”

4. On Taking Risks: ”Never test the depths of the river with both of your feet.”

5. On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”

6. On Investment: Do not put all eggs in one basket!”

Warren Buffett was presented with the Medal of Freedom in 2010, the highest US civilian award [AP]

Warren Buffett was presented with the Medal of Freedom in 2010, the highest US civilian award [AP]

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9 Responses

  1. travesti says

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  2. Ant says

    Buffett is speaking to the average investor. The average person cannot buy a company. Purchasing an index stock is a very inexpensive way to access returns of the broad market.

    Never, ever, ever buy a mutual fund in Canada. The charge too much, the returns stink. As Buffet advises, go for an index fund.

  3. Jude says

    Awesome!!

  4. Nollywood REinvented says

    Golden! Especially loved the first one… man shall not leave by ONE bread alone lol

    • emekatalks says

      haha! abi o. Living on one bread alone has always been risky. multiple streams are way safer.

  5. iteesuccess says

    Reblogged this on iteesuccess.

  6. Dozzy says

    This is Outstanding! thank you emekatalks

  7. Dozzy says

    This is Powerful thank you emekatalks

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