Warren Buffett: 8 Investment Strategies To Revolutionize Your Portfolio

Investment Strategies - Warren Buffett emphasizes long-term investing, advocating a "buy-and-hold" approach where investments are maintained as long as the company performs well [2] - The focus should be on buying businesses rather than stocks, assessing future business prospects instead of relying on past stock performance [2] - Investing should be confined to companies within one's "circle of competence," ensuring a thorough understanding of the business [3] Financial Health Principles - Buffett advises living below one's means and prioritizing savings over spending, promoting a disciplined financial approach [4] - Avoiding debt and investing in personal education, talent, and skills are key components of maintaining financial health [4] Competitive Advantage - An "economic moat" is crucial for investment decisions, representing a competitive advantage that protects a business from market share erosion [5]