Warren Buffett: Don’t Lose Money

Posted by admin on Saturday, August 7, 2010

Warren Buffet Money Quotation suggests that there is only one rule when it comes to money – Don’t lose any – which may become rule #3, #4 and #5 as well. Warren Buffett said:
 
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1 Quote
 

“Rule No.1: Never lose money.
Rule No.2: Never forget rule No.1″ — Warren Buffett

 

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Warren Buffett is suggesting that the most important rule when investing money is to never lose what you have. His second rule reinforces the first – always remember that preserving your capital is key.

Buffett is known for his value investing strategy of only purchasing shares of companies that he believes are undervalued and have good long-term prospects, in order to minimize risks and avoid losing money on bad investments. This quote emphasizes taking a conservative approach and not taking unnecessary risks that could lead to investment losses.

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One Response to “Warren Buffett: Don’t Lose Money” Comment RSS feed

  • Top Ten Money Quotes for 2010
    December 19th, 2010 2:55 pm
    #1

    […] “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1″ — Warren Buffett […]

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