Affiliate Marketing Secrets

He invests in value, for the long haul, and he has “uncommon common sense”. He is also very disciplined. This is the most essential ingredient for success in matters of probability. Because the stock market is also about predicting outcomes, I think a person’s temperament in a skill oriented game that involves probability is an interesting indicator of how they are suited to investment. I don’t like to gamble. I think of gambling as taking a risk without any information that provides any advantage over any other player. It’s just luck and probability that decides winners and losers. Some people think the market is like gambling. If you believe that, you haven’t studied it enough. I’m a pretty fair poker player when I am in a game that matters to me. I can concentrate, maintain my discipline, and generally have more good days than bad. But as soon as I am in a situation where I am bored, or the stakes are not high enough to mean much to me, or are so high as to cause me to lose the right level of risk tolerance, I start to lose money. The same thing seems to apply to my stock investing. If I invest enough money to care a lot about the outcome, but to not lose sleep about it, then I have the right kind of mental attitude for the situation, and I am generally successful with my investments on average.
Buffet seems to have the ability to maintain focus and discipline in his strategies across a wider range of risk than many people. And now he is big enough to make a lot of plays that most people can’t touch.
But overall, its his strategy and his discipline. Read up on him, there are many lessons to learn from the “Oracle of Omaha”