6 Investing Lessons from Warren Buffett

 

1)If you buy things you don’t need, you will soon sell things you need

2)Price is what you pay. Value is what you get

3)It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price

4)Be loss-averse 

5)Be knowledgeable about tax laws and use them to your advantage

6)Borrow only when it’s absolutely necessary