10 Money Lessons From Warren Buffett [Infographic]

Key takeaways

We share 10 money lessons from Warren Buffet in this infographic:

1. Spend wisely

2. No one cares as much about your money as you do.

3. Do your homework.

4. Overcome your fear of risk.

5. Focus on the long-term.

6. Invest in quality

7. Hunt out bargains..

8. Invest based on management efficiencies

9. Be patient.

10. Invest counter cyclically.

Warren Buffett is undeniably the most successful investor in history.

His success is attributed by some to his sharp business acumen, and understanding of businesses while others ascribe it to plain and simple luck.

Numerous books and blogs have been written in an attempt to analyse the factors which lead to his extraordinary success.

This handy infographic shows 10 lessons we can learn about money from Warren Buffett.

While in general, they relate to the stock market, these lessons definitely be extrapolated for property investors.

About Michael Yardney Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.