Posted by qqq3 > 2019-01-29 11:04 | Report Abuse

https://medium.com/accelerated-intelligence/warren-buffett-really-successful-people-say-no-to-almost-everything-ab78832ffebc

Posted by stockraider > 2019-01-29 11:13 | Report Abuse

U need to understand why buffet have reduced value margin of safety value investment practise and why Buffet prefer to hold forever instead of value margin of safety & take advantage of Mr market loh ??

1. Buffets investment too big loh..!!
Not suitable to buy huge undervaluation small cap like insas loh..!!

2.Buffet hold forever
Buffet already very successful and very rich mah...no point work very hard...turn all the rocks....look for big margin of safety stocks...on stock similiar to smallcap insas mah...!!
He just buy quality big cap stock at fair price and hold forever easy job loh...!!
Bcos margin of safety need to take time & monitor...to see whether can take advantage of Mr Market or not mah...!!
Which buffet chose to be little bit lazy to avoid doing loh...!!

Conclusion Buffet know he can do better using margin of safety value investment but bcos he is too big and lazy thus not practical mah..!!

I will advice young fellow, with not much monies always start with margin of safety investment on the value 1st in order to gather the necessary skill loh...!!

Just like raider slowly transform to growth investor , today raider can say value margin investment 65% v growth investment 35% loh.....!!

Don try to be a growth investor at a start, bcos u have not build the foundation loh....!

Posted by teoct > 2019-01-29 11:21 | Report Abuse

The PARETO 80/20 Principle.

Posted by 3iii > 2019-01-29 13:11 |

Post removed.Why?

Posted by 3iii > 2019-01-29 13:12 | Report Abuse

Determine your true goals.


Without setting clear goals, your daily priorities become overwhelmed with urgent tasks that have a short-term payoff that make you feel good.

Having clear values-based goals keep you focused on what matters short-term and long-term.

Posted by 3iii > 2019-01-29 13:22 |

Post removed.Why?

Posted by 3iii > 2019-01-29 13:24 |

Post removed.Why?

Posted by 3iii > 2019-01-29 13:25 | Report Abuse

Sam Altman, the president of Y Combinator, the largest accelerator in the world, refers to long-term thinking as “one of the few arbitrage opportunities left in the market.”

Jeff Bezos measures the success of new programs over seven-year time frames.

Think Long Term.