A Warren Buffett Special on U.S. News
Aug 1st, 2007 by Martin Lee
The August 6, 2007 print edition of U.S. News & World Report had a 10-page special on Warren Buffett. Here are some snippets:
If you had invested $1000 with Warren Buffett at 1956, it would have grown to 27 million at the end of 2006.
Six Warren Buffett rules of investing:
- Make money by not losing money.
- Don’t get fooled by earnings.
- Look to the future.
- Stick to companies with “wide moats”.
- When you bet, bet big.
- Don’t be afraid to wait.
Investing is not about intelligence. It’s very much about temperament.
You can read all ten articles online.