Brite
  • About us
    • How we invest
    • Invest with Brite
    • Our services
    • Our fees
    • The Brite team
    • The Brite platform
    • Investment portfolios
  • Pensions
    • Transferring a pension
      • Transferring UK pensions to Australia
      • Transferring UK pensions to South Africa
      • Transferring UK pensions to the UAE
    • Lifetime pension allowance
    • Defined benefit pension transfers
    • SIPPs
    • QROPS and ROPS
    • QNUPS
    • Guide to saving for retirement
  • Knowledge Base
    • Brite blogs
    • Guides
    • Tools
    • Investing giants
    • FAQs
    • South Africa policies
  • Client Login
  • Contact
    • Careers
    • Our complaints policy

Investment wisdom: six tips from the great Warren Buffett

  • Mark Donnelly
  • April 16, 2018

Warren Buffett is probably the world’s most successful investor of a generation.

He is famous for quotes such as “It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that, you’ll do things differently”. Wise words indeed – the kind of thinking that guides Brite!

Whether you’re an investor small or large – or just interested in how your pension might be utilised its worth listening to the great man as nobody does it better. So here are six tips we think you’ll appreciate.

Every layout comes with the latest social features built in. Readers will be able to easily share posts on social networks like Facebook and Twitter, view how many people have liked a post, made comments and more. With the Wix, building your online community has never been easier.

1.   “Someone is sitting in the shade today because someone planted a tree a long time ago”.

This is all about thinking long term when investing. Investing is not about timing but time. We should all look to the future and have a vision of what that might look like rather that worrying about short term peaks and troughs which often only lead to bad decisions and even losses.

2. “The investor of today does not profit from yesterday’s growth”

Just because something has done well in the past is no guarantee that it will perform in the future. Warren Buffett is well known for encouraging investors to do their research and find companies that plan for the future, who understand trends and anticipate where the market is headed. Any investment should have good prospects.

3. “Try to be fearful when others are greedy and greedy only when others are fearful.”

This is probably Buffett’s most well known quote. And it revolves around buying low and selling high and not getting taken in by all the hype and jumping on the bandwagon. You’d be surprised how often this happens in the investment world – especially when investors fail to buy in a market downturn that looks good value.

4. “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”

This is another great insight from Buffett which like many of his quotes refers to the long game. He reminds us investing is about minimising risk to generate wealth over the long term, not generating short-term profits.

5. “Anything can happen anytime in markets… Market forecasters will fill your ear but will never fill your wallet”

There’s lots of noise out there and predictions about markets – going up – crashing down – but nobody really knows what’s around the corner. Events can impact the markets – mostly only for the short term so it’s best to keep a long term perspective.

6. “The true investor welcomes volatility”

This is one of Buffett’s greatest contribution to the investment community as he’s saying that volatility should not be confused with risk. In fact volatility can be your friend and an opportunity as good investors will go into the market when prices have dropped or wait for the market to recover as it always has – thus reinforcing a long term strategy rather than attempting to make short term gains.

We hope you found these useful and interesting. Whatever you take from them remember to keep a long term view of investing as the markets have always been the best way of growing wealth over time.

Recent posts

Mobile Investing

Are mobile investing apps encouraging people to take higher risks?

Mark Donnelly March 30, 2023

Mobile investing and trading apps have become an increasingly popular tool for independent investors, but there are questions regarding their suitability. Factors such as increased risk and lack of diversification mean these trading platforms

Read More »
Sector

Stock Market Sectors: What to look for when Investing in the 11 GICS sectors

Mark Donnelly March 23, 2023

Each of the stock market sectors have companies worth looking at. In this article we highlight some of the most promising companies in each of these 11 sectors that could potentially provide investors

Read More »

Millions of Brits expected to benefit from Abolished Lifetime Allowance

Mark Donnelly March 15, 2023

Jeremy Hunt recently unveiled new plans to abolish the lifetime allowance for pension savings to address concerns that set allowances are driving doctors and other professionals into retirement.  This news is huge for UK expats with

Read More »
image

Regulation

Brite Advisors Pty Ltd. is licensed in Australia with the ASIC (AFSL 337670). The Brite Advisors SA (Pty) Ltd is registered with the FSCA in South Africa under FSP number 51690. In the UK, Brite Advisors (UK) is a trading style of Basi & Basi Financial Planning Ltd. which is authorised by the Financial Conduct Authority (FRN 513993). Brite Advisory Group also has numerous pensions schemes, administered in Hong Kong, UK, Gibraltar and Malta.

Brite Advisory Group has taken all reasonable steps & care in producing the information & statements issued on this website and accept no responsibility or liability for any errors, omissions or misstatements. Brite Advisors and its representatives have provided opinions, forecasts and recommendations based on information available at time of issue and hold the right to change their judgement and assumptions at any time and without notice.

There is always risk involved in purchasing financial products.

There is no guarantee of the future performance of financial products regardless of previous performance.

Quick Links

  • About us
  • Pensions
  • Our services
  • Terms & conditions
  • Privacy policy
  • Disclaimer
  • Contact

Contact Info

  • [email protected]

Brite © 2023 All Right Reserved.