• New insights from Buffett regarding business and investment
• Insights on where Buffett is bullish on and how to avoid investment traps
• An example of a good value investor portfolio and cutting losses when they are small

In my previous article, I tapped on the advice of the wealthiest investment manager of the world, Warren Buffet, and wrote mainly on the point that volatility is not risk. I also added in some noted qualities that investors should have. Today I am going to build on the wisdom extracted from his 2014 Shareholder Report which would be valuable to intelligent master investors and novice investors alike. After all, there is a difference between knowing and doing. From his practice, Warren Buffet and his long term investment partner, Charlie Munger, have given us powerful insights without trying to cover up for their mistakes made. This reflects a humility and confidence that is ......