Warren Buffett’s Three Lessons in a Down Economy [Personal Finance]
June 9th, 2009 by 
Administrator
Multi-billionaire and finance guru Warren Buffett knows a thing or two about making good investments, and weblog Get Rich Slowly offers three lessons from Berkshire Hathaway’s annual meeting.
Photo by Art Comments.
The lessons aren’t mind-blowing advice for doubling your portfolio in a down economy, but that’s never really been Buffett’s style. Instead, they’re a nice reminder that we’re all in the same boat and that anyone can successfully invest if they stick to what they know (something we’ve heard before). The bullet-point version:
- Lesson One: Everyone Suffered Last Year
- Lesson Two: Investing Isn’t Rocket Science
- Lesson Three: Find Good Businesses, Hold On, and Buy More
Head over to Get Rich Slowly for the full (and much more intricate) rundown of Buffett’s lessons, and check out our top 10 ways to save money in a recession for more recession-busting advice.
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