#TradeStories
t explains how the world’s richest investor, Warren Buffet selects companies to invest in.
I was fascinated by how a man could be so wealthy by simply picking the right stocks to hold for the long run. Who wouldn’t?
After reading Buffettology, I was hooked.
I started researching all I could to make myself a great investor.
I read books on value investing and fundamental analysis. After a while, I notice the authors kept repeating these 3 elements…
Ensure the company has more assets than liabilities
Ensure revenue, net income, and cash flow are increasing each year
Ensure the company has growth potential
Voila. The secret to successful investing!