Warren Buffett once proposed what has since become known as the 5/25 rule. This rule is an exercise used to help people focus on their most valued aims in life and ignore those ambitions or goals they do not need to prioritize. Put simply, the strategy involves writing down a list of your top 25 goals and circling the five you care about the most – the goals that are the most important to meeting your long-term ambitions. Q3 2022 hedge fund letters, conferences and more Then, Buffett advised crossing off the other 20 goals and forgetting about them. This…
How To Think More Like Warren Buffett And Charlie Munger
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk