Buffet's Loss, Isn't in His Bio

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Ben graham to warran buffit: I immediately thought of buffet at his annual meeting. He has taken losses so many times over the years, and nobody ever talks about them. And i just it was something that we hadn't really particularly in pointedly talked about. It's not in his bio that he has multiple times lost small amounts of money on various companiesThat's a wonderful example. But he doesn't care,. because it's not worth the risk, and it'sNot worth the effort, mental energy, time that he puts into his ownership of companies. The advantage of following a master like that is you get to see what that strategy and discipline manifest.

It hurts to lose money – especially after you’ve done all the work you were supposed to do. But you’re human, and even if you follow Rule #1 investing strategies by the book, you will still run a risk.

However, it’s important, that when that risk – and possible loss – crosses your investment path, you don’t fall back to hoping the market will climb back into your favor. You must stay disciplined and continue to do what’s best, even if it means taking a rare loss.

In this episode of InvestED, Phil and Danielle discuss a recent loss Phil took, despite making textbook investing decisions. See how he overcame it so you know what to do if that happens to you and your portfolio.

Learn how to make the best textbook Rule #1 investing decisions that will prepare you for times of uncertainty or rare loss, while still staying in control of your portfolio. Download your free copy of the 4 M’s of Successful Investing: https://bit.ly/3BiRJA1

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