If not for his multi billion warchest and killer instincts for the difficult-to-estimate valuations of companies, Warren Buffet can be considered an ordinary bargain hunter, just like any other that keeps an eye on the sale periods and discounts thrown by retailers for off season items. Much unlike the stock trading gamblers out there, he champions value-investing, in which you buy things (that has a bright prospect) at a much lower price than its actual value, instead of buying things at any price hoping for it to grow in the future.
He also doesn’t succumb to the oh-i-have-to-jump-in-now-or-else-i’ll-miss-it temptations.
It is chaotic times like this that bargain hunters like Warren Buffett sweeps in with his warchest and gains control of high-potential companies at a discount. Definitely someone we can all learn from. Be patient, be mindful, and have lotsa liquid cash ready for opportunities like this.
Stars Align For Warren Buffet [wsj.com]
Photo credits: William Coupon/Corbis
Asian with a new yorker attitude. Born in Malaysia and grew up in New York City. I was a shy baby, mischievous teenager, curious adult, passionate entrepreneur, smart mouth wife and now a loving mom ^_^ Had the greatest time from East to West and all around the world. Love to travel and i believe the world is just too big, don't under estimate anything. Have an open mind and you never know what it can bring or take you. When you are old, you can reminisce and said to yourself, you have done it all. Live your life to the fullest and with no regrets! This blog is about what "inspires me" and what i'm passionate about. My fusion and not so conventional ways of child care and my passion for makeup. Sharing my experience and thoughts. I'm still overwhelm that i'm a mom now and i'm an aspiring make up artist. i like to call it "baby & beauty blog