Two Investing Rules Alex Rodriguez Learned From Warren Buffett

In an interview with Bloomberg TV, A-Rod said that Buffett shared rules for investing that he still remembers.

rule number one of investing

never lose money

rule number two of investing

Don’t forget rule number one.

Alex Rodriguez advises investors to park their money in US short term debt. “I’ll just put it to T-Bill,” Rodriguez said in an interview with Bloomberg TV.

A-Rod is involved in various business ventures. However, Rodriguez’s career has also been mired in controversy.

Warren Buffett One of the most successful investors in the world. Besides being one of the wealthiest self-made men, he is also a virtual university when it comes to learning investment strategies.

Warren Buffett’s 10 Evergreen Lessons for Your Investing Journey

1) It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

2) Time is the friend of the best company, the enemy of the mediocre. Timing the market is more important than timing the market

3) If you are uncomfortable with the asset class you have chosen, chances are you will panic when others panic,

4) Invest in what you understand

5) Diversification is good but only up to a point

6) Always take a very long term view while investing in equity

7) Treat stocks the same way you would a bargain sale piece of furniture.

8) Investors should devote a good part of their day to reading. This is the only way to understand new trends and get new ideas

9) The sooner you start on equity, the better

10) When you make loss then it is time to seriously introspect what is wrong and avoid these mistakes for future.