Warren Buffett's rules for investments Inspire real wellness rules for thriving and thriving

Veröffentlicht: 08. Oktober 2021, 22:17 Uhr

Von: Natur.wiki Autoren-Team

Introduction: Financial and personal investments

Warren Buffett and I have something in common. We are both unofficial, probably and more or less lovingly known as the largest, he as the world's largest stock investor, I as the world's largest real wellness authority. (So far I am the only person who writes about real wellness, which brings me to the top of this impressive category.)

Warren is the CEO of Berkshire Hathaway - he has $ 85 billion on his bank accounts; I have not founded anything, my bank accounts are more modest than that of Mr. Buffett, but frighteningly, Mr. Buffett's views agree with those who affect well -being.

I will explain to what extent my views on health issues on Warren's beliefs regarding the system reflect in shares. Well, if not completely inhabitant, you will certainly have a vague similarity if you are looking for such a confluence.

I think the best way to thrive and thrive, and this with minimal dependence on doctors, medication and medical treatments, is to understand and hold on to a real wellness lifestyle. The real in real wellness is an acronym and stands for the dimensions reason, exuberance, sportiness and freedom. A number of lifestyle principles in each of these four dimensions complement the investment rules of Warren Buffett.

rules for two types of investments

I have this orientation to a large extent through my personal acquaintance. Discovered the greatest authority about the wise of Omaha, namely Robert P. Miles. Bob is the author of the best -selling books on Mr. Buffett, including the CEO of Warren Buffett: Secrets of the managers of Berkshire Hathaway and 10 reasons to have the world's biggest investment: Warren Buffett's Berkshire Hathaway.

ï »¿My impressions of the connection between Mr. Buffett's rules and my ideas of real wellness were also somewhat supplemented by two short stoves. One was the rules of Stephanie Loiacono , according to which Warren Buffett lives (Investopedia, June 24, 2019), the other Seth Spears The ten rules of success of Warren Buffett (Spears Marketing, January 23, 2012).

There are many applications that Mr. Buffett can be attributed to, of which he actually expressed many. Let's take a look at these real rules that best reflect the real wellness principles and match them. I will set up ten buffet rules and then comment on each.

Rule No. 1: Never lose money.

In the case of real wellness, they do everything they can to never lose their health. This rule must not be left to chance. You cannot do much against many of the most important factors that influence your well -being (e.g. biology, culture and the environment), but a positive lifestyle to improve health is in your hands.

Rule No. 2: Never forget rule No. 1.

dito real wellness.

Rule No. 3: If the business is going well, the share will finally follow.

If your culture and the surrounding area are supportive (i.e. modeling friends and family a healthy attitude to life and behaviors, you will likely follow. Select friends with careful and, if necessary, take a distance to silly, or behavioral relatives.

Rule No. 4: The most important property for an investor is temperament, not intellect.

to thrive and thrive, focus on emotional and psychological attitudes and beliefs that promote serenity, adaptability and plenty of exuberance.

Rule No. 5: The stock market will fluctuate - concentrate on the investment goals and stay steadfast during the market turbulence.

Life is shaped by random events; Check what you can do with clever personal decisions and you know that setbacks themselves make the conscious and most prudent among us.

Rule No. 6. Insert your profits.

This rule includes that you make sure to protect your assets, ie avoid being risked capital that is needed for the common needs of a good life. From a wellness perspective, the lesson is not to endanger the resources of the foundation (e.g. physical mobility) with the search for thrill for current satisfaction.

This is of course difficult or impossible for the very small and most teenagers, but it is feasible and wise for sedentary adults. Beware of attractive excesses, especially in old age (e.g. wild parties, drugs, excessive alcohol and associations with shady or complaining characters).

Rule No. 7. Be ready to be different.

Do not hoard your insights and ideas into follow -up questions. Make your right to discuss all important, serious and material matters. Do this with openness, skill and consideration for a different audience. Identify the nature and solidity of your unpopular opinions and then at strategic times, or you simply have fun with your friends, especially in matters that have to do with politics, sex and religion.

Rule No. 8. Be happy to make decisions. Mr. Buffett expresses it like this: never suck on the thumb.

Of course, this means that you support yourself after making decisions and avoid excessive or limitless brooding to paralysis. Such a pout leads to disorienting stress, the loss of opportunities and/or the appearance of fear and weakness. Even if decisions are doubtful or worse, their wrong decisions earn (self-) respect if they have acted according to the best available information. Learn from good and other experiences and continue, smarter and steadfast, determined and fearless.

Rule No. 9: Be persistent. Cultivate persistence and ingenuity.

If it were easy to think critically, to overcome dogmas, to resist flaming flam artists, fraudsters and superstition, to live with a lot of joy and meaning, to eat well (healthy), to look good and to be fit and to live pretty much the life you have appreciated, who wouldn't do it? Not many. A good life in a way that optimizes well -being and enables prosperity and thrive requires that the 9th rule of Mr. Buffett is applied to your lifestyle for persistence when investing. That means you have to be determined - do what you need to cultivate persistence while you guide yourself both mentally and physically.

Rule No. 10. You know what success really means.

How will you understand whether you are sick or healthy, happy or sad, successful or failed, fit or unfit, alive or almost dead if you don't know exactly what it means to be on the brighter side of these and other dichotomies? Develop a curious nature about the importance of excellent health beyond mediocre standards. Find findings about what is possible with regard to your sporting skills in view of your age, current functional state, your resources and your general situation - and then check how you can get through, in a state or low normality, like most others you can observe. Discover nature of exceptional functions and the variety of ways to develop with a high capacity in the direction of living.

summary

Mr. Buffett fully understands that the quality of his existence is not measured in his personal reports even with the overwhelming amount of wealth. Instead, his success is based on the decades of providing resources that mitigate global problems, alleviate misery and open opportunities for many. Ultimately, it is the way he uses his skills and the unique role he plays in life, which reflects his invaluable personality, the most valued element of value and earnings.

If you want to draw attention to your ideas, find someone you can use to link it. In this way they will appear more sensible than they really are. I don't want to brag about it, but I don't think I could have assumed a better model for real wellness rules than Warren Buffett.

I hope it doesn't matter.

(Addendum - Answer by Robert P. Miles):

I often thought that Don Ardell and Warren Buffett were brothers of different mothers. While you and Warren do not share the nutrition (he drinks six Cherry colas a day, no vegetables, sports or water-he prefers See’s Chocolates and Dairy Queen ice cup-300 to 600 calories), you both have many things together.

You are both eighty -year -olds, have younger women, are politically like -minded, economical, agnostic, lateral thinker, greedy readers, excellent communicators and seem to squeeze every drop of life or, as their idol advised, to suck on the orange of life.

Finally, I suspect that they could both prefer it when the end finally comes and a parade of celebrations passed past their respective boxes, that nobody claims that Warren was the richest or Don the strongest, but that Warren and Don were among the elders.