It is very tempting to create an extensive list of specific option subscription services that I fully believe are obvious scams, but instead it might be a better idea to draw up a checklist of what you should try to avoid when picking a subscription. It pays to be proactive instead of reactive sometimes, […]
“However, your method completely ignores the unrealized losses from stocks that have been put to us and the tied up capital. Interestingly in my case the unrealized losses are equal to all the profits making net profit close to Zero.”
Response from The Oracle: “Unrealized” means “Not real”. I ignore unrealized losses as well as unrealized gains. […]
Today you will see Warren Buffett’s 5th rule of Investing.
5.Watch Small Expenses:
Warren Buffett invests in businesses run by managers who obsess over the tiniest costs. He once acquired a company whose owner counted the sheets in rolls of 500-sheet toilet paper to see if he was being cheated (he was). He also admired a […]
We are revealing ten of Warren Buffett’s investing rules. Today you will get to see #4! Stay tuned to see all ten!
4. Spell Out the Deal Before You Start
Your bargaining leverage is always greatest before you begin a job — that’s when you have something to offer that the other party wants. Warren […]
We are revealing ten of Warren Buffett’s investing rules. Today you will get to see #3! Stay tuned to see all ten!
3. Never Suck Your Thumb
Gather in advance any information you need to make a decision, and ask a friend or relative to make sure that you stick to a deadline. Warren Buffett […]