What can we learn from Warren Buffett’s Most Iconic Interview Ever?
Warren Buffett, widely known as the “Oracle of Omaha”, is a famous American investor who has been one of the most successful investors of all time. He is the CEO of Berkshire Hathaway, which owns more than 60 companies. He has a net worth of over 109.5 billion USD as of May 2021, making him the world’s sixth-wealthiest person.
Listening to his first ever interview on national television, which is named as “Warren Buffett’s Most Iconic Interview Ever” uploaded on the Investor Center Youtube Channel, one finds three insights that are really good and can help young investors and experienced ones do better:
Trading itself is not that hard. It’s simple! But it’s the mental game of trading and investing that people can really go wrong. When they don’t understand the game between their ears.
The successful investor should find what a company is valued at. What is valued internally or what is the worth of the business. Then go out and buy when the price of the shares is below that worth.
Hold. Hold with the intention that if they close the market tomorrow and open it 5 years from now, you would still plan on holding your position and then basically hold until you die.
These are only a few of the many pieces of advice and insights that one can get from watching this interview. But there are many more interesting interviews, advice and insights from big time traders and investors that we can learn from. You just gotta dive deep into it and find these treasures just as I found this interview with Warren Buffett.
To see the full interview click here: https://www.howtotradestocksandoptionspodcast.com/warren-buffett-s-most-iconic-interview-ever