Don’t Choose Stocks, Choose Companies

By Juma / Published March 19, 2023 | 6:47 pm




KEY POINTS

The irony of those who "invest in stocks" is that they rarely talk about it. Those who do, often have no idea. But if you find someone who experiences investing in the stock market first-hand, and they are genuine to give you some nuggets of wisdom, you will benefit.


Corporate Bonds

KEY TAKEAWAYS


Warren Buffet thinks "investing in stocks" is for people who have no idea what they should be doing. "A great investor invests in companies, not stocks." According to the billionaire, many investors go shopping for stocks and not companies to invest in.


Most of the time, “investment experts” will tell you to “invest in stocks.” The tragedy of this statement is at times, those who tell us to “invest in stocks” often have no idea how it is done, but only rely on the information they get only to grow views and traffic on their platforms.

The irony of those who “invest in stocks” is that they rarely talk about it. Those who do, often have no idea. But if you find someone who experiences investing in the stock market first-hand, and they are genuine to give you some nuggets of wisdom, you will benefit.

Warren Buffet thinks “investing in stocks” is for people who have no idea what they should be doing. “A great investor invests in companies, not stocks.” According to the billionaire, many investors go shopping for stocks and not companies to invest in.

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“You do not pick stocks. You pick companies,” he says. “When I was 11, I was fascinated by the idea of picking stocks, and always followed how they went up and down… I always thought the best way was to predict stocks… When you pick companies, you become part of them and you will actually lose the idea of worrying how the stocks will do,” he adds.

The sentiments of Warren Buffet are in agreement with those of another billionaire, Elon Musk. Elon, the world’s richest man, told both current and aspiring investors to only buy stocks in several companies to produce products and services that they believe in.

“Buy stocks in several companies that make products and services that you believe in. Only sell if you think their products and services are trending worse. Don’t panic when the market does,” he said in a tweet.

Elon Musk is known to have invested in various giant companies around the world. He is currently the owner of Twitter after buying it at a cost of 44 billion dollars. He also owns Tesla and has huge investments in cryptocurrency.

Related Content: Why Kenyans Need To Master Reading The Status Of The Economy To Avoid Being Lied To By Politicians




About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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