by Admin
30. August 2010 04:44
Warren Buffett turns 80 today so it seems fitting to share some of his real estate investing knowledge. What an amazing man he is- doesn't look like he is slowing down yet!
13 QUOTES FROM WARREN BUFFETT
1. “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
Translation: Today’s market fluctuations are your friend because they’ve scared off your competition…other investors. They’re also your friend because the fluctuations have caused there to be a flood of motivated sellers. And as any savvy investor knows, buying from motivated sellers is the only way to make it in this business.
2. “Only when the tide goes out do you discover who’s been swimming naked.”
Translation: Keep plenty of tools (investing techniques) in your tool belt so that you can adapt to a cha...
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