Rule No.1: Never lose money. Rule No.2: Never forget rule No.1- Warren Buffet"Buffett also uses his own unique definition of risk. To Buffett, the
risk of holding any stock is only the permanent loss of capital.
Apparently risking the temporary loss of even very large amounts of
capital is of little or no concern to him. But for the rest of us who
will eventually need the return of the capital we invest, even the
temporary loss of a portion of it might create a serious financial
hardship." Chuck LeBeau
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Learn to become like Warren Buffet???
No. We can't!
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One way to fully understand Warren Buffet's Rules.
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