Comments by "" (@albacus2400BC) on "Warren Buffett: You Only Need To Know These 7 Rules" video.

  1. One Mistake is not doing enough research before investing in a stock, another Mistake is not diversifying your portfolio. Investing all your money in a single stock or sector can be risky, since if the stock performs poorly you will lose a significant amount of money. I’ve seen of people accruing over $650k during recessions and inflation,
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  2. You must establish your own procedure, control risk, and adhere to the plan through thick and thin while also financial advisors have a lot more knowledge and expertise in this area and getting better because nobody knows anything.
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