Everything You Need to Know About Finance and Investing in Under an Hour

https://youtu.be/WEDIj9JBTC8?si=Fma7oNCy8pHZtpGW


https://youtu.be/a9aUMpGs6c8

Stocks and bonds | Finance and Capital Markets | Khan Academy


https://www.youtube.com/watch?v=gFQNPmLKj1k


Berkshire Hataway shareholders meetings


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the intelligent investor — Warren especially recommends chapters 8 and 20

ch8: The Investor and Market Fluctuations

ch20: The Margin of Safety

Use thorough analysis in order to secure safe and steady returns, analyse

of the companies in which you consider investing before buying any stock. Make sure the company pays steady dividends. These steps will give you a better idea of how well a company performs, independent of its value on the market. A stock’s long-term value is not arbitrary, it depends directly on how well the company behind it performs.

This is very different from speculating, in which investors focus on short-term gains made possible by market fluctuations. Speculations are thus very risky, simply because nobody can predict the future. Look at the big picture by examining the company’s financial history, and focus on pricing, buying stocks only when its price is below its intrinsic value.

Protect yourself from serious losses by diversifying your investments.

Never put all your money on one stock, no matter how promising it appears.

To further remove you from the emotional stress of investing with the market, stick to the dollar cost averaging formula:

  1. Set a fixed budget you're going to invest every month or quarter
  2. Invest that into the stocks you previously picked, no matter the price

Understand that you won't pull extraordinary profits, but safe and steady revenues. The target is to meet your personal needs, not to outperform the professional stockbrokers on Wall Street. We can't do better than those who trade for a living, and we shouldn't be aiming for fast money anyway; chasing dollar signs only makes us greedy and careless.

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Warren Buffett: How to invest

Intelligence, Energy, and Integrity.

  1. Managers must have integrity and talent
  2. Invest by facts, not emotions
  3. Buy wonderful businesses, not "cigar butts"
  4. Only buy stocks that you understand
  5. When you see a great opportunity, take it!