Basic Rule of Investing of Warren Buffett
1 st There are still all kind investment opportunities
2 nd I understand some kinds of Simple business
3 rd Coco cola for example isn't very complicated it's a durable product and the appeal is universal
4 th I believe very strongly that operating within that I call circle of my competence
5 th knowing what to leave out is as important as knowing what to focus on
6 th the most important thing is your circle of competence is not how large it is but how well your define parameters
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