Never lose money – Warren Buffet

Rule #1: Never lose money.
Rule #2: Never forget Rule#1.
– Warren Buffet

Business is almost always about making money. When you lose sight of this, you end up losing money.

There are many ways to lose money but for me, the simple rule is to continue in wise investing. This means doing your homework. There are things you can’t control. You’d probably lose some money during these times, but not your whole treasure chest.

Keep your eye in making money and never lose sight of that goal. A higher goal is to make money for good purposes such as social enterprises that benefit the less fortunate. Here, I believe, your reward is much more than money itself. Agree?

About Warren Buffett

Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor and philanthropist. He is considered by some to be one of the most successful investors in the world. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world’s wealthiest people. He was ranked as the world’s wealthiest person in 2008[7] and as the third wealthiest in 2015. In 2012 Time named Buffett one of the world’s most influential people. – Wikipedia

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