The Wisdom Of Warren Buffett - Part 3
Tuesday, March 9th, 2010
Glad to have you with us again. We’ve been discussing the wisdom of Warren Buffett and why he’s a smart guy because he likes common sense investment options.
To continue this subject, we’re going to start covering specifics and get into some things you can learn from applying his strategies to your investment portfolio.
Because of the aura Warren Buffett exudes in the media, there’s legions of drones who worship his every move and copy them exactly. While you may see some success this way, it’s ultimately counter-productive and just plain foolish if you don’t realize what the gentleman is doing, and why.
Making Money The Warren Buffett Way
Warren Buffett makes his money by following what he thinks and sticking to the basics based on his own careful observations. You should do this as well by using your mind - and not his, when choosing to invest.
Warren Buffett - The Worlds Greatest Money Maker Pt2
Of course, The Omaha native has good investment strategies, so you should make a conscious effort to learn from them. A simple summarization of Buffett’s stock market philosophy can be found in a humorous and blunt explanation he gave in 1987. Basically, he said, “I’ll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It’s addictive. And there’s fantastic brand loyalty.” Does that really need any further explanation? The concretes have changed, but the basic idea applies to his entire approach towards investments.
Since he doesn’t jump at rapid changes, Warren Buffett has cultivated a sense of patience that could only try the nerves of the most stout investor. There’s a golden rule to his methodology, in that he’s totally ruthless when it comes to persistence.
If you’re going to start making money in a way that’s guaranteed, you’re going to have to do it the slow, hard - but successful way of investing slowly in timeless industries and waiting it out.
That’s all the time we have for now but part four of the wisdom of Warren Buffett is only right around the corner! While you’re here, read other entries on how your can improve your investments and develop a better success mentality for investing.
Sean Rasmussen
The Bullhunters Guide
Universal Wealth Creation © 2004 - 2010







While gold maintains intrinsic qualities that preserve its value between different countries and economies, it nonetheless presents the challenge of choosing how to invest in it.
Let’s briefly review on what we’ve covered so far during this Asset Allocation series. First of all we established the importance of analysing the risks versus the return for any type of investment that you intend to make. A proper assortment of high risk ventures next to stable investments will ensure that you always have a buffer of income protecting you.
Too many people who decide to diversify their portfolio get caught up in the analytical game. Because they’re suddenly looking at so many different types of investments (whereas previously they might have only been following one or two), they’re overwhelmed with a flood of information that they might not be quite equipped to process.
Another key to being able to survive those disastrous events is our tip for this entry: start 
