.Spell out “MONEY” letter by letter in the comments if you want to learn how to make more money!!🔥
What exactly does Warren Buffet mean by "Never Lose Money?"
1. Speculators - Most people believe the stock market to be much like a casino where you gamble money. People who believe this are uneducated in the stock market and thus see investing as a massive gamble and are likely to LOSE MONEY.
2. Ostriches - Now apart from speculators, there are some investors who think that because a company has done well in the past or because it has the biggest market share, it shall never be beaten. They dismiss the change happening around them and get caught with their heads in the sand just like an ostrich and will inevitably LOSE MONEY.
3. Bubble Inflators - The final point I want to touch on so you can avoid losing money and focus on making more money is this...identify and avoid bubble inflators. They buy the stocks just on the hype and Euphoria created around the stock. This leads to an inflated valuation for the company and the bubble eventually bursts. You LOSE MONEY.
The bottom line is this, If you do your absolute best not to LOSE MONEY by avoiding becoming a “Speculator, Ostrich or a Bubble Inflator”, at any given time, you can be assured of excellent returns in the long term.
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