Warren Buffett's Top 7 Investing Rules

Warren Buffett's Top 7 Investing Rules https://youtu.be/Tp73vW0WJPY Warren Buffett is one of the riches people in the world and in this video he goes over his 7 secrets to massive success. We look for three things. One, we hire people, we look for intelligence, we look for initiative or energy, and we look for integrity. And if they don't have the ladder, the first two will kill you. Because if you're going to get somebody without integrity, you want them lazy and dumb. I mean, you don't want to get a lot of smart and energetic. So the answer is that investors behave in very human ways, which is they get very excited during bull markets and they look in the rearview mirror and they say, I made money last year. I want to make more money this year. So this time I'll borrow in our or the neighbor says and I'm I wasn't in last year when that neighbor was dumber than I am made a lot of money so I'm going to go in this year they're always looking in the mirror and when they look in the rearview mirror and they see a lot of money having been made in the last few years, they plow in and they just push and push and push up prices. And when they look in the rearview mirror, they see no money having been made. They just say, this is a lousy place to be so they don't care what's going on in the underlying business. Added It's astounding, but that's that makes for a huge opportunity. Just huge opportunity. I've been taught by Ben Graham to buy things on a quantitative basis, look around for things that are cheap and that I was taught that, say, in 1949 or so they made a big impression on me. Tyler Investing