Warren Buffett's 7 Golden Rules for Wealth

Written By: Mobin

Never stop learning! Read daily, observe markets, and grow skills. Knowledge compounds like money - your greatest asset is yourself.

Invest In Yourself

Never invest blindly. Buffett warns: "Risk comes from not knowing what you're doing." Research thoroughly before putting money anywhere.

Understand First

Avoid cheap stock traps! Buy wonderful companies at fair prices. Strong fundamentals beat temporary discounts for long-term wealth creation.

Quality Over Price

Financial success means rejecting 99% of opportunities. Buffett's strategy: Wait for perfect pitches. Patience beats impulsive investing.

Say No Often

Buffett's favorite holding period? Forever! Let compounding work its magic. ₹1 lakh at 10% becomes ₹17L+ in 30 years without adding more.

Hold Forever

Earn interest on interest! ₹10k return becomes ₹11k next year. This snowball effect made Buffett 90% of his wealth after age 50.

Compounding

Pay yourself first! Automate 20% income savings before spending. This builds your investment capital - the foundation of wealth.

Save Religiously

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