Warren Buffett built one of the greatest fortunes in history without a Bloomberg terminal, a hedge fund salary, or a team of algorithmic traders working around the clock. He did it through patience, discipline, and a set of principles so straightforward that any beginner can understand them.
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The challenge has never been the complexity of investing. It has always been the discipline required to follow simple rules when the market is making everyone around you panic or overly confident. Here are the seven investing rules that Buffett has lived by for decades.
1. Never Lose Money
“Rule №1: Never lose money. Rule №2: Never forget Rule №1.” — Warren Buffett
This rule is not about predicting every market downturn or having perfect timing.…