The 3 Investing Rules That Changed Warren Buffett’s Fortunes

Ask anyone who the world’s best investor is, chances are, they’ll say Warren Buffett. Every move he makes makes headlines. Together with Charlie Munger, he built Berkshire Hathaway, one of the biggest names in the S&P 500. Now that he’s stepped down as CEO, we’ve invited Glen Arnold, who literally wrote the book, in fact, all four books of The Deals of Warren Buffett. 🎉Sponsors The British and International Franchise Exhibition - go for free: https://makingmoney.email/franchise-exhibition-london TaxZap - Do your tax return / self-assessment: ⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 - Franchise Exhibition ad 00:40 - His First Investment 04:44 - 3 Rules 09:45 - High Reward But Low Risk 13:00 - Taxzap ad 14:15 - Charlie Munger 20:39 - Circle of Competence 26:02 - Vanta ad 27:09 - Diversification 31:45 - His Biggest Mistake? 40:13 - Barrier To Entry 46:40 - Warren Buffett’s Failure 52:11 - A Fragile Ego? 57:36 - How Would He Invest Now? 01:01:49 - Who Is The Greatest Investor?