3min chapter

Investing by the Books cover image

#44 Todd Finkle: Warren Buffett - Investor and Entrepreneur

Investing by the Books

CHAPTER

How to Be Conservative as an Investor

Buffett says you only need two classes to become a successful investor. He is skeptical of academia and he considers experience the most important for business success. Eddie Lamont: I'm not as big of a gambler, so this is also that you focus on maybe more conservatively financed companies or in sectors that are more stable than others. If I know that I can get a certain rate of return from something more guaranteed, I'll go in that direction.

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