How Warren Buffet build wealth by investing?

[jhonjhon]

Investing is one of the best way to earn money that is why it is a surprise that we hear about people becoming rich through investment. There are different types of investment it is important that you choose the right investment for you, it is very important that before investing on something you should know every detail and choose the investment you think will work for you.

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[semobo]

Spend only 50% or even less from what you are making and invest the remaining into things which gives your interests or profits that is the simple strategy to be a billionaire someday but it takes few decades even if you constantly follow the strategy and right investment.

[coin-investor]

Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?

I admire the guy on what he has gone through and how he made a great business decisions, but I don't like him bashing or giving negative comments on Cryptocurrency when the truth is on his face that this is the technology of the future, anyway he will not live up to more years where he can see Bitcoin being used by almost all of the country, and blockchain integrated into every system and industry.

[seleme]

I remember the strategy called Turtle Trading which created by Warren Buffet. He made the right choices at the perfect time, the patience helped him to harvest profit from his smart investment deals. There were dates when it was possible to trade stock market crash betting and betting against the central banking(GBP bet by Buffet).

[bttmember]

I do respect and honour Warren as an investor and entrepreneur and also as a decision maker, his words of wisdom about investing are great and there are good lessons to learn from them, he is truly an inspiration for us all but in the end i think that luck weighs in heavily with such success stories and i think warren was really lucky and so his investing decisions in his life have made him what he is today.

[ChrisPop]

It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.

[semobo]

It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.

Too much of work pressure also results in stress so better live balanced life while investing.Maybe we can't see another warren buffet since the things were changed from his time period and now so following his investment plans may not work anymore.

[Febo]

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door.

LOL that is really tough.

Few weeks ago when I was at doctor and in waiting room two old ladys disused their early life. They are about the age of Buffet or a bit younger.  It was soon after WW2 in europe, her dad died and was no food at home so mom send her to help some other family just to be able to eat well once a day. Being few years old. Maybe 5-10 I dont remember.

Poor Warren had to sell chewing gums from door to door

[nicolas1979]

This is what we call " born to investment ", we can learn many thing from his journey built wealth by investing. From the story we can see he has vision and and built strategy to realize his vision. Meaning he has goal ( target ) and do what he can with innovation idea to get best result, not better result. His target sometimes not realistic because when speak about greedy he always say greedy is the best weapon to get profit and patient is the best way for loss. Warren Buffet has different mindset and he try to innovate, not push his dream into market.  Copying this person is really hard but I admire his brilliant strategy concept.

[sorrros]

And he started with few dollars, just like us. A good example that even you don´t have enough money, but you invest at the beginning of something big you can gain a huge profit!

[jameshugo17]

There's an alleged promise Warren made. You should find a system that will save you money when you sleep at night. This is a nice word, but it's a problem. How will we build such a system. We can catch it with interest. I dont want this. I think it makes more sense to invest in production tools.

[bittraffic]

We've heard a lot about him, even my brother quotes him when I we discussed about investing like when there is blood on the street, invest invest and invest. I'm not sure if it comes from Warren but my brother said so.  But Warren Buffet however isn't a bitcoin holder. He even spread lies about bitcoin as far as I know. In crypto he is irrelevant.

[aamirsuh]

By investing in only one altcoin, you will not be very rich. It's hard to make it happen in a year. People who invested in Bitcoin waited seven years to get rich. Remember the summit in 2017. These riches are probably the ones that have to wait for years.

[flagpara]

Warren Buffet. Warren is a self-made billionaire and is one of the most respected men in the business world. The legendary investor is the current chairman and CEO of Berkshire Hathaway.

Like many other famous people, his childhood was pretty tough. He used to sell cold drinks and chewing gums from door to door. Warren Buffet also sold newspapers and worked in grocery stores.
Here: https://coinpedia.org/enterpreneurs/life-story-of-legendary-investor-warren-buffet/

What's your point of view on this?

This isn't part of altcoins discussion. My point of view is you should ready to tolerate and take pain from life. Never lost your trust on who created you. By patient you can change you whole life. Warren Buffet was a good example but more good example still has and running in our world.

[asriloni]

It takes certain skills and mental capabilities to become even close to Buffett. First of all it takes dedication, drive and strong work ethic. You can't go out and have drinks every weekend with your friends. Sometimes you will have to dump sleep in order to bring your work to completion. It's not easy, but it can be done.

Buffett's way was value investing - he had a thorough understanding of the financial markets and knew how to read financial statements. That made his KO bet a huge winner and launched him to who is today. I recommend everyone interesting in building wealth to read his biography.

Too much of work pressure also results in stress so better live balanced life while investing.Maybe we can't see another warren buffet since the things were changed from his time period and now so following his investment plans may not work anymore.

He is a lucky person who are investing in the right company. if he was doing it wrong by investing in the crap company and he will not become so big as now. There will be no another warren buffet but there will be a lot of chance if the next guy with the same luck will appear in the future. When we are talking about the old generation and they are all getting so luckiest caused by so many major companies are having very small valuation while right now they are having very big valuation that gives no chance for us to invest or make our money to get a lot of their stocks as their stocks were so expensive.
Investing is about how you can see the future of company.

[Aabcde]

For me achieving success must start from an early age, because going there is not a short and easy path.
Sometimes people are ashamed to start with something as small as selling door-to-door, even though in that way the universe sees your hard work and one day will achieve something unexpected.
When you already have enough funds to invest in something bigger, don't forget the strategies and knowledge you have learned.

[jameshugo17]

We need to create a constant income gate. This may be possible with investment. People can't work all the time. When they get older, they need to create enough capital for them. An accurate investment plan can provide us with this.

[Dart18]

Those who lived in an ordinary family (mostly the poor) are the ones who have the will to get to the top.
Most stories of billionaires are like this.
No inheritance but just pure effort and hard work.

We can list all those names but it might fill this whole comment box.
It is just plain and simple.
They know how to live when they fall and that is why they are not afraid to risk it all.

[jhonjhon]

Most of the successful businessman comes from unfortunate family and they experienced the toughest times growing up and it is just amazing that no matter how tough life to them they didn't stop until they reach their goal and become as successful as they are now. They are a good inspiration to us not to give up in tough times, we should use it to become better and everything is possible if you yourself if dedicated and committed to the goal that you set to your self. Investing can be a very risky move to take but if done correctly then it will reward big as well that is why before investing you should invest in something that is worthy of your hard work and effort. To become successful in investing being smart in choosing an investment pays off.

[Obito]

That is why I have high hopes for people who knew life at bottom. They knew how tough life is, from providing neccessities up to living for a day with a few food to eat. That is why when they reach peak they knew already how not to take something for granted for its importance and how hard to obtain such thing. I am looking forward for this man, he got me inspired.