Wednesday, March 9, 2011

Intelligent Investing: Warren Buffet's way

America's legendary investor, Warren Buffet, building his fortune through intelligent investing


There is no other personality to think about other than Warren Buffet, the world's richest man in 2007 and now the world's third richest, when it comes to intelligent investing. For one, he is considered by expert as America's most brilliant investor in history, his unique skills in managing investment coupled with his legendary frugality made him rose to greatness in the field of business.

Warren Buffet finished BS in Economics and after hearing that Benjamin Graham, the author of The Intelligent Investor book, teaches at Columbia Business School, he traveled from Omaha, Nebraska to New York to enroll at Columbia where he obtained his MS Economics degree in 1952. He went back to Nebraska and started working as a stockbroker and later on founded his own business using his own knowledge on intelligent investing buying and selling stocks until he acquired a struggling textile manufacturing firm, Berkshire Hathaway, which he turned into a very profitable business venture and became known to the world as the largest investment company, it became the flagship of his business empire.

So can we learn something from Mr. Buffet? author Matthew Schifrin posed a question in Forbes magazine "Will the Web produce the next Warren Buffet?" and wrote several best stocks ideas in his book The Warren Buffets Next Door. The book revealed some stories on the world's greatest investors and the things we can learn from these people's successful business stories. 

According to Matthew Schifrin: "The only real requirement for becoming a good investor is committing the time. Invest in yourself--tap your inner Buffett. More than ever, it's possible to achieve superior investment returns and meet your financial goals" (from his column in Forbes Magazine)

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