August 4, 2021

9 thoughts on “To be a Successful Investor, Start Earning First – The Warren Buffett Story

  1. Hi Rolf

    No doubt about it.

    In investing, size does matter so the earlier you go out there and make your first earnings the esrlier you are able to put that to work. It can be good or bad depending on what you give up.

    But at least for buffett case, his mentality is already there since the age of 6.

    1. Hi B,

      Buffett’s mindset is dumbfounding, at his age, in his era… WHAT…Remarkable! Prodigy!

      To start earning, the earlier the better which is what I will inculcate into my kids? But before that, they need to be exposed more outside what they learn in school and developed a tougher mental strength.

      To me, you are also considered as “Remarkable” in the blog space here. You are also Prodigy B!
      Notice that you and Warren Buffett had the same birthday! B for Buffett in the making.

      Rolf

  2. I also started earning when I was in Primary 6 as stall helper at wet market. But, these money was for survival and keeping me in school till JC (now you call it)!

    The Moral of Story.

    Starting young and earning extra pocket money and then invest them is huge different from survival or needs.

    Our parents greatly made the Difference!

    1. Hi CW,

      That is why your generation and before, set the foundation for what we are today. Also why the TV few months back kept broadcasting a Man in a Woman’s body singing “建国一代……”

      In general older generation like yourself is wiser and had better mental strength and stamina going against tough situations.

      My mum use to collect water from the well, work in canteen, and take care of her young siblings before she was 10 years old. Unfortunately, she also worked for survival.

      For me and siblings, we all worked part time too, because our household income in the 80s/90s is less than S$800/-. Again we all work not to save and invest, but for textbooks, school uniforms, school fees etc. I am luckier, I still can buy things I like for myself from my earning because I am the youngest.

      But who the hell will think like Warren Buffett then, to earn and invest.

      Rolf

  3. A lot of people are saying they are expecting a good opportunity in life to appear! But how can they be expecting a good opportunity to appear if they have zero capital to take advantage from that opportunity??
    Indeed this is a useful advice from Warren Buffett to actually start earning a capital first if you want to be a successful investor.

    Best regards,

    http://www.ea-builder.net

  4. A lot of people are saying they are expecting a good opportunity in life to appear! But how can they be expecting a good opportunity to appear if they have zero capital to take advantage from that opportunity??
    Indeed this is a useful advice from Warren Buffett to actually start earning a capital first if you want to be a successful investor.

    Best regards,

    http://www.ea-builder.net

  5. This means that you will need an investor, who's stage preference is either later stage, growth or expansion stage, or mezzanine stage. These are usually stages of companies who are ready for a liquidation event, where the investors exit and make their profits.cryptocurrency prices

  6. When I read the book "The Intelligent Investor" by Benjamin Graham (Warren Buffet's guide), I took specific notice of one vital thought. Benjamin Graham said to not follow staggering outcomes, rather to follow satisfactory outcomes. https://www.investorsindubai.org/

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: