The Top 10 Tips for Investing Like Warren Buffett

Warren Buffett - Berkshire Hathaway Chairman and CEO 07 Sep, 2018

As of December 2017, Warren Buffett has a net worth of over $84 billion. He is famous for his "value investing", an investing philosophy. It's a philosophy that looks at the underlying value of a company that most stock charts don't report on. Warren Buffett has been interviewed many times and has given some tips to other investors. We gathered some of the tips for you to easily search. Here are the top 10 investing tips from Warren Buffett.

Leveraging the Rule of 72 to Create Wealth

Albert Einstein 18 Sep, 2018

Albert Einstein once said, "There is no force in the universe more powerful than compound interest." I was 2 years out of college when a friend of mine, Satomi, asked me to attend a financial seminar. I was hesitant at first. Then she asked me, "Charles, did you ever learn how to manage your money?" It was a simple question, but I realized that I really had no clue. I took some courses in economics and advanced engineering calculus. In my engineering econ class,  learned stuff like: if you bought a machine for your business at X value would be the value in Y years if it depreciated at Z rate? Well, even after completing an engineering degree, I started to realize that our school systems here in the US aren't really geared to teach us how to manage our lives and our finances...but they can help us make business owners wealthy. Out of curiosity, I attended the financial seminar. After 2 hours, the idea that stayed in my brain for weeks was the power of compound interest. It was the "Rule of 72."