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Warren Buffet's wise words

Submitted by Nadeem on Thu, 07/20/2006 - 13:50 ::

Warren Buffet known for his investing acumen and second richest man in world had some strategies that placed him where he is now.

Here are few of his wise words

# Never invest in business you dont understand.
# Stop trying to predict the direction of the stock market, the economy, interest rates or elections.
# You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right. You are wrong because your data and logic are wrong.

Lets hope few of his wise words can help you become richer as well.

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