Written By: Mobin
Never stop learning! Read daily, observe markets, and grow skills. Knowledge compounds like money - your greatest asset is yourself.
Never invest blindly. Buffett warns: "Risk comes from not knowing what you're doing." Research thoroughly before putting money anywhere.
Avoid cheap stock traps! Buy wonderful companies at fair prices. Strong fundamentals beat temporary discounts for long-term wealth creation.
Financial success means rejecting 99% of opportunities. Buffett's strategy: Wait for perfect pitches. Patience beats impulsive investing.
Buffett's favorite holding period? Forever! Let compounding work its magic. ₹1 lakh at 10% becomes ₹17L+ in 30 years without adding more.
Earn interest on interest! ₹10k return becomes ₹11k next year. This snowball effect made Buffett 90% of his wealth after age 50.
Pay yourself first! Automate 20% income savings before spending. This builds your investment capital - the foundation of wealth.