- "Mr. Market is your servant, not your master" Ben used "Mr. Market" as a personification of the stock market. Treat Mr. Market as your business partner, who would present you with the offer to trade stocks every day. The prices he offers are ultimately irrational and based on emotion. Every now and then, however, he'll give you a chance to make a profit by buying low and selling high.
- "A stock is the right to own a little piece of business" It can be easy, Buffett says, to get caught up in a volatile stock's performance and forget that it represents ownership of a company. In the long term, a stock is only as valuable as its company.
- "Use a margin of safety" Purchase securities when their market price is significantly below their intrinsic value.
- "Never Lose Money"
- Always Remember Point number 4.
Congratulations @coffee.shifu! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPHello @coffee.shifu! This is a friendly reminder that you have 3000 Partiko Points unclaimed in your Partiko account!
Partiko is a fast and beautiful mobile app for Steem, and it’s the most popular Steem mobile app out there! Download Partiko using the link below and login using SteemConnect to claim your 3000 Partiko points! You can easily convert them into Steem token!
https://partiko.app/referral/partiko