| Value investing made simple: Here I write about great | | | | and sell at the right prices, there is no need to worry |
| ideas from Warren Buffett, and share some ideas | | | | because you will make money. Why? … because |
| about making money on the stock market. Let me | | | | you are able to profit from folly and profit from |
| share some great investment ideas and concepts of | | | | market fluctuations. |
| value investment from the famous Buffett with you: | | | | 3. Another metaphor here : Warren Buffett once |
| 1. Many people buy stocks and see them as pieces | | | | mentioned a bridge and suggested that you do not |
| of paper that give dividends or capital appreciation. | | | | drive heavy trucks over a bridge meant for heavy |
| Yes, that is actually what stocks are, but Warren | | | | loads, but rather, you drive light trucks over a bridge |
| Buffett suggests a different approach. Why not see | | | | that can bear more load. This is the idea of margin of |
| stocks as parts of businesses? Every stock | | | | safety. This is also a key concept: the margin of |
| certificate is linked to a company. Stocks are indeed | | | | safety in investment. |
| linked to businesses, and the prices of the paper | | | | Another way of looking at it would be: it's better to |
| stem from the businesses. This key insight means | | | | buy a dollar for 40 cents than it is to buy a dollar for |
| that the stocks yield money when the businesses | | | | 70 cents. This enables you to make money. The key |
| are healthy. You can therefore make investment | | | | learning point is this: We learn the value approach. |
| decisions by asking the following questions: | | | | Just as we do not want to fall over a precipice by |
| Is there a market for the product? Is the particular | | | | driving a heavy truck over a bridge, and just as we |
| company doing well now and does it seem likely to | | | | want to make money by buying dollars cheap, we |
| do well in the future? Is the company under good | | | | should do the same for stock investments. We |
| management, or are the people in control known for | | | | should have a margin of safety. |
| not being trustworthy? | | | | 4. Last but not least, use common sense. This is a |
| Simply put: see the stocks as linked to businesses, | | | | great idea but may prove harder than the more |
| and apply fundamental analysis to make money on | | | | technical aspects of value investing, like margin of |
| the stock market. Warren Buffett reads a lot of | | | | safety and fundamental analysis, and other elements |
| annual reports and therefore he makes a lot of | | | | of Buffett's system. The reason is that this needs to |
| money when the decisions turn out right. | | | | come via experience. Diversification may not be a |
| 2. Use market fluctuations to your own personal | | | | good idea if you know what you are doing, but if |
| advantage to make money in the stock market. This | | | | you don't then diversification might save you. That |
| is a great idea. Warren Buffett and Ben Graham | | | | kind of common sense is sometimes counterintuitive |
| often talk about Mr Market. This is an allegory. It | | | | and may take some time to acquire. |
| goes like this: A man called Mr Market turns up every | | | | What have we learnt here in this short article on |
| day and quotes prices. He is basically a price quoter | | | | value investing? |
| and does nothing but quote prices, and you must | | | | Don’t see stocks as paper! |
| decide whether to buy or to sell. Market fluctuations | | | | Profit from folly; don’t join in! |
| therefore help you if you can sell to Mr Market when | | | | Always have a margin of safety. |
| he quotes high and buy from him when he quotes | | | | Use your investment common sense. |
| low. Mr Market is occasionally optimistic and then | | | | Hope you glean several insights from this article. |
| again sometimes pessimistic, but as long as you buy | | | | Thanks for reading and cheers! |