1 Rule #1: Never lose money - Rule #2: Never forget rule #1

Warren BUFFETT does not like to take risks. Losing money is a step backwards, which is why the rigorous investor will refuse to take the slightest risk of losing capital.

2 - Invest for the long term

Picking a stock is a marriage for Warren BUFFETT. You don't get divorced the moment you find another attractive woman. "If you're not prepared to hold a stock for 10 years, don't even think about holding it for 10 minutes," BUFFETT tells us.

 

3 - Don't listen to rumors and know how to seize opportunities

Too many people drink in the words of "forecasters." But Warren BUFFETT thinks that this is a waste of time. Investing in the stock market must be based on facts, not on "fears" or "hopes."

4 - Make one decision per year

According to Warren BUFFETT, being hyperactive in the stock market is not good. If you are one of them, your results are likely to remain mediocre. On the one hand, because you will pay transaction fees for each order you place, which will impact your performance, but also because you will have to pay capital gains tax (if you make a capital gain). These two deductions can have catastrophic results in the long term on the performance of a stock portfolio.

5 - Invest in companies you understand (within your circle of competence).

It is essential to invest in companies that you know and whose business you understand. If the sector is too complicated for you, it is because the company is outside your circle of competence, move on!

6 - If you made a mistake, don't insist, sell!

Losing money on some investments is almost inevitable. It is sometimes smart to sell shares at a loss when you feel that the company no longer has sufficient growth potential or that you have made an error of judgment.

7 - If you cannot make an estimate, even approximate, of the future profits of a listed company, forget it!

The price of a stock reflects the financial performance of a company. Therefore, an investor must look for a company that can improve its profits (increase its sales volume, increase its prices, create new products, etc.). A rigorous analysis of the sector, competitors, management, and prospects must be carried out.

8 - The fact that a stock has appreciated recently is never a valid reason to buy it.

Following the “herd” is not the way to make money in the stock market. You have to think for yourself.

9 - You are not right or wrong because others agree with you. You are right because your facts are accurate and your reasoning is sound.

Everything is said.

10 - Someone is sitting in the shade today because someone planted a tree a long time ago.

Warren BUFFETT does not set any time horizon for investing. He is extremely patient. When it comes to investing, you have to let time do its work…

11 - Every 10 years or so, the sky of the economy is covered with black clouds and a golden shower briefly falls.

Stock indices will continue to rise, but sometimes there will be panics that cause prices to plummet temporarily. As an investor, you should seize these opportunities to buy low.

12 - Be greedy when others are fearful and fearful when others are greedy.

Warren BUFFETT likes to buy stocks when others no longer want them, he then picks them up at a price below their intrinsic value. By doing this over a long period of time, he has built up an extremely successful stock portfolio.

Now that you've read Warren BUFETT's advice, learn about the phenomenon of compound interest.

********* What I like, he corrected something very important: You should never marry one or more stocks. If a stock is no longer profitable. You should not leave your feelings aside even if you have won a lot from this stock, stocks are the same, they do not have feelings!!!

I really appreciate this man because Satoshi Nakamoto or the S.N they were the engineers with a good algorithm that is extraordinary and well received it could happen one day to another but people like Sir Warren BUFFETT are stock market philosophers who are very rare and rare successful. Their wealth is on this page and not on his bank account, with this wealth you can also succeed but not only by reading also in practice and testing with a small budget. Do not hesitate to cross the lines of Sir Warren BUFFETT and do an update compared to the past, future and especially today. You could be even better than the others. As for me I like to write and it can help only one person I also succeeded.

Best wishes