Akshat Shrivastava on LinkedIn: Warren Buffett started investing when he was 11 years old. What about you?… | 56 comments (2024)

Akshat is absolutely right. Warren Buffett may indeed have started investing at age 11 and continues to do so at age 92. But the lesson here for all of you is that "jab aankhey khule, tabhi savera" Meaning when you open your eyes 👀 on realising the truth, it's sunshine ☀️ baby. Look, there is never a wrong time to do the right thing. It's never late to start investing. You can start today no matter what your age is. Only thing that matters is being consistent, staying invested and being passive about your investments (and not checking your portfolio every 15 minutes or every 2 days). It's all a game of long term vision and long term investing. Like Akshat gave his example, let me share with you mine. I started investing at 24 back in 2004 with a modest ₹5000 per month. At 42 last year May I retired with a corpus of 5cr. I am now a full time investor and plan to take my 5cr corpus to 5 lakh crore in the coming 50 years. You can do it too. Remember Ramesh Damani, 10 lakh investments in 1992 by him, he is today a 125 plus Cr man and a rockstar 🎸⭐️of the stock markets. Vijay Kedia is at 1500Cr is another rock star ⭐. You can do it too. Its simple. The only thing that matters or will matter is that you be consistent. ~ Anupam Tripathi

Invest your funds effectively...

What does investing teach us about life?Here are 3 important lessons I've learned:1. Stay focused, patient, and disciplinedGreat investors are disciplined and patient, waiting for the right opportunities.Same with life. Success often means saying "no" to the wrong things.2. Embrace the ups and downsInvesting is unpredictable, but the highest returns come during the downturns.Likewise, the most growth in life comes from the toughest times.3. Diversify!Great investors avoid putting all their eggs in one basket.The same goes for life. Don't just focus on one thing – spread your interests to have a well-rounded and fulfilled life.Investing teaches not just financial principles, but also valuable life lessons.What other life lessons have you learned through investing?

1

I made a $5,000 mistake so you don't have to...In 2020, I made the biggest investing mistake of my life. How? I bought investments with emotion instead of with the facts. During these past few years, I have invested my time into learning about how I could’ve made a smarter decision. Here's what I wish I knew about investing when I started:- Do NOT make an emotional buy/sell decision. I had a "high" and ended up buying more (putting myself even further into a hole). When you seem too excited or too upset, this is when you need a nights rest and research before making a decision. - Perform your OWN research. There are many times that we hear our friends or family recommend something and we jump on it because we trust them. Just because someone is recommending something to you does not mean they have done the research.- The money that you invest is not yours anymore. POOF. Think of it as money you never had. When you transfer money into your investment account, you will not see this money again until years later, depending on the account. - Know yourself. What do you do if you are in a risky situation? Do you not know how to handle risky situations? Have you ever been in a risky situation? These are all questions you need to ask yourself to understand what kind of investment is right for you. I hope this helped! What mistake have you learned from? 😃

6

Recently, I opened my investment portfolio after 2 whole years (of inactivity) and was speechless! I started passive investing when I turned 18. But after a few months, I stopped. The reason? I noticed that people my age were barely on the stock market. And even if they were, it was to trade, not invest👀I noticed another trend; Most people started investing only after they started earning. So I got a bit intimidated by my lack of knowledge and earnings. And since I wasn’t making much profit anyway, I decided to stop investing altogether🫠I kept telling myself that I’ll start investing as soon as I will1) Complete good quality courses on investing, 2) Learn more about the stock market, and 3) Get a job and start earning independently But deep down I knew that I’m just making excuses to not investThe reason? I didn’t truly believe in the power of compounding.But, a few days ago, when I checked my portfolio just because I wanted to see how much was it effected by elections; I was baffled. I couldn’t believe my eyes. Obviously that particular day, I was in a loss, but overall, I had a decent amount of profit. The profit wasn’t huge. But it was a lot, given the amount of investments I made in stocks💰All I could think of was- 2 years of inactivity, and I was STILL making profits. My money kept growing even after I forgot about the investments I made.That day, I understood the true value of compounding. And I’ve decided to resume passive investing. I may not invest much, but I’ve come to realise that for beginners investing is more about investing right than investing a lot💫

22

"Don't borrow money like there's no tomorrow. Don't gamble on stock tips." Warren Buffett, hailed as one of the greatest investors of all time, faced numerous challenges, including early rejections from Harvard and initial investment losses. Yet, his straightforward investment philosophy and personal resilience propelled him to the pinnacle of financial success. Here are my favorite Warren Buffett life and investing lessons: 1. Keep It Simple: "The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective." 2. Emotional Temperament: "Success in investing doesn't correlate with IQ... what you need is the temperament to control the urges that get other people into trouble in investing." 3. Self-awareness: "What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know." 4. Compound Interest: "My wealth has come from a combination of living in America, some lucky genes, and compound interest." 5. Value vs. Price: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." 6. Continuous Learning: "Read 500 pages every day. That's how knowledge works. It builds up, like compound interest." 7. Helping Others Learn: "The more you learn, the more you'll earn." 8. Deserving Success: "The world doesn’t pay you for what you know; it pays you for what you do." 9. Daily Improvement: "I insist on a lot of time being spent, almost every day, to just sit and think." 10. Choosing a Partner: "It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age." 11. Long-term Investment: "Our favorite holding period is forever." 12. Simplicity and Independence: "I could do anything I wanted to do. I was financially independent." 13. Average Intelligence, Exceptional Discipline: "You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ." Warren Buffett’s investment strategies and life philosophies are grounded in realism, discipline, and a profound understanding of human nature, providing timeless guidance for personal and financial growth.

29

6 Comments

The truth is, our emotions play a huge role in how we invest - even for the most composed of us.I started investing at a young age thanks to my career sparking an interest in the financial markets. But over the years, I have learned that managing my emotions is just as important as analysing the numbers.We tend to overestimate our investing abilities, leading us to take riskier bets than we should. Even professional fund managers struggle with this. Avoiding knee-jerk reactions during market swings is crucial, but easier said than done. I have had to work hard to stay disciplined.Our instinct for safety can lead us to play it too safe, missing out on necessary investment risks that are key to optimal long-term returns. So, the next time you are tempted to make an investment decision based on your gut, take a step back and reflect on how your emotions might be influencing you. Your future self will thank you.Click here for more information on investing: https://lnkd.in/gebJ39rd

8

2 Comments

There are no Gods of Investing.“The real secret to investing is that there is no secret.” It is about doing the work.Investment IS CLOTHED in price, and you can price anything and plug it into a noise amplifier. There are a lot of naked emperors out there.The trick is to see through it all to the work being done.You do have to be able to survive the short term noise. “Markets can remain irrational longer than you can remain solvent”.Be honest about the range of short term noise that can challenge your conviction. Be honest about your relationship with money and the stories you need to stop you from harassing your capital. Find a job for your money that you are comfortable with in your bones. That still won’t stop you having to navigate the challenges, but don’t convince yourself that any other path is challenge free.Get your money a job.#endurance #resilience #creativity

26

I think it’s safe to say that Warren Buffett knows a thing or two about investing. While the term “investment” likely makes you think about money and stocks, there are other types of investments. In the most basic and general terms, an investment is – using current resources to acquire something that’s expected to provide a greater result in the future. By investing your time and energy in your health (diet and exercise), you’ll likely be happier and healthier in the future, and enjoy a longer life. By investing your time and energy into increasing your knowledge, you’ll likely be able to earn a higher salary, and be better equipped to make good decisions for a better future. This is why we invest our time in providing education to the clients we serve, so they can make better, more informed decisions about their financial future.

Warren Buffett, the Oracle of Omaha, is a man revered for his unparalleled investment acumen and unwavering commitment to value investing principles. Over the years, we've immersed ourselves in his business decisions, gleaning invaluable insights into the world of finance and wealth creation. Here are ten timeless lessons we've learned from Warren Buffett that have profoundly shaped ourapproach to personal finance and wealth creation: 1. Margin of Safety 🦺Buffett emphasizes the concept of a margin of safety, a buffer between the intrinsic value of an investment and its purchase price. This margin of safety protects investors from unforeseen events and market fluctuations.2. Seek Intrinsic Value 🏆Buffett's investment strategy revolves around identifying companies with intrinsic value, meaning their underlying worth exceeds their current market price. He believes in purchasing these undervalued companies and holding them for the long term, allowing their inherent value to manifest.3. Circle of Competence ⭕️Buffett advocates investing in companies you understand, within your circle of competence. He believes in thoroughly researching and analyzing potential investments before making a decision.4. Emotional Discipline 👨🏫Buffett stresses the importance of emotional discipline in investing. He advises against impulsive decisions driven by fear or greed, emphasizing rational analysis and a long-term perspective.5. Embrace Long-Term Investing 🛣️Buffett famously espouses a long-term investment philosophy, emphasizing the power of compounding and the importance of patience. He encourages investors to focus on the intrinsic value of companies rather than short-term market fluctuations.6. Diversification 👀While Buffett favors concentrated investing, he also recognizes the importance of diversification. He suggests holding a portfolio of undervalued companies from different industries to mitigate risk.7. Frugality and Living Below Means 🤝💹Buffett is a proponent of frugality and living below your means. He believes in avoiding unnecessary expenses and prioritizing savings and investments.8. Invest in Yourself ✨Buffett emphasizes the importance of continuous learning and personal development. He encourages individuals to invest in their knowledge and skills to enhance their earning potential.9. Patience and Perseverance😇Buffett's investment success is rooted in patience and perseverance. He understands that wealth creation is a long-term endeavor.10. The Power of Compound Interest🤩Buffett highlights the power of compound interest. He encourages individuals to start investing early and harness the power of compounding to achieve long-term financial goals.By following us, you can do the same. Share this post with your friends who love financial content.#warrenbuffett #timelybills

5