What valuable lessons can we learn from one of the most successful investors of all time, Warren Buffett?
He once said, “Someone is sitting in the shade today because someone planted a tree a long time ago.” This is a great financial proverb; your retirement savings didn’t appear overnight. It took strategic planning and growth to get you to your retirement goals.
Buffett also once said, “Risk comes from not knowing what you’re doing.” While this is true, risk is always going to be there. You just have to learn to navigate it and make the decisions that are best for your portfolio and plan. Join us today as we break down some more Warren Buffett quotes and what we all can learn from him!
Listen to the full podcast or use the timestamps below to jump to a specific section.
0:34 – Riding shotgun
2:03 – A tree was planted a long time ago
2:52 – Risk comes from not knowing
3:51 – Price is what you pay, value is what you get
5:58 – The best move in poker is a fold
7:20 – Rule #1: Never lose money
8:33 – The review mirror is always clearer
9:20 – What happens when you work with an advisor?
Your retirement savings didn’t appear overnight. It took a long time for that tree to grow. It represents a lifetime of hard work and discipline as well. So, you don’t want to make hasty decisions with your money. Consistency goes both ways…Josh Greenberg