Skip to content

Trending News

Exclusive
15 hours agoHow (and Why) to Do Domain Background Check with Bill Hartzer 15 hours agoNorth Kitsap man’s $60K investment account drained in fraud, leaving only 32 cents behind 16 hours agoYou Can Get Travel Insurance Without Paying for It Out-Of-Pocket 17 hours agoDigital diabetes management: With insights at home and abroad, where should today’s business model head? 18 hours agoCapital One Spark Business Checking Review 2022
Saturday, May 21, 2022
hollywoodstarshoney hollywoodstarshoney

Long Life Business

May 21 2022

How (and Why) to Do Domain Background Check with Bill Hartzer

Nov 1 2018

Clothes

Nov 1 2018

Systemwide Enterprise & Finance

Nov 1 2018

Detailing House Improvement Initiatives At #bayberryhouse

Nov 1 2018

Vive Healthy Sport And Nutrition

Jan 1 2019

Enterprise

Primary Menu
  • Business Management
  • Business Analysis
  • Business Banking
  • News Business
  • About Us
    • Contact Us
    • Advertise Here
    • Privacy Policy
    • Sitemap
  • Home
  • Warren Buffett Says This Is the Best Investment You Can Make

Warren Buffett Says This Is the Best Investment You Can Make

Posted On : May 9, 2022 Published By : Patricia A. Eldridge

Table of Contents

    • Key points
  • Buffett’s investing tip may surprise you
  • Buffett has followed his own advice 
  • How can you follow Buffett’s advice?
Close-up of Warren Buffett.

Image source: The Motley Fool

Related Posts:

  • Cut in Alleghany Deal Price Shows How Warren Buffett Dislikes Investment Bankers

The Oracle of Omaha’s investment advice could help see you through troubled economic times. 


Key points

  • As inflation surges, Warren Buffett provided some investment advice at the Berkshire Hathaway annual shareholder meeting. 
  • Buffett suggested investing in yourself is the best thing you can do. 
  • He provided several reasons why he thinks this is the right approach, including the fact an investment in yourself can’t be taken away from you.

Making sound investments is always important, but that’s the case now more than ever as inflation surges and Americans cope with rising prices. 

Unfortunately, it can be difficult to know where to put your money and effort during times of economic uncertainty — but listening to experts can provide helpful insight. And there’s perhaps no greater expert than Warren Buffett. Often called the Oracle of Omaha, Buffett is considered one of the best investors of all time as he’s made billions through his strategic and successful asset purchases.

Buffett recently provided some helpful tips on what to invest in right now at the annual shareholder meeting of Berkshire Hathaway, his holding company. Here’s what he suggests.

Buffett’s investing tip may surprise you

At the 2022 Berkshire Hathaway shareholder’s meeting, Buffett urged listeners to invest in themselves, arguing this is the best course of action when inflation is surging. “The best investment by far is anything that develops yourself, and it’s not taxed at all,” Buffett said. 

Buffett suggests developing your skills for a simple reason. “Whatever abilities you have can’t be taken away from you. They can’t actually be inflated away from you.”  He provided the example of a doctor or lawyer, who will almost always be able to find someone willing to offer some of what they’ve produced in exchange for the professional services these experts provide. 

This advice may be surprising from someone who has spent decades investing in companies, as you might expect he’d suggest putting as much cash into your brokerage account as you can and buying up stocks. But it’s a suggestion Buffett has made repeatedly over the years.

Buffett has followed his own advice 

In a 2017 interview, Buffett made a similar suggestion stating, “Ultimately, there’s one investment that supersedes all others: Invest in yourself. Nobody can take away what you’ve got in yourself, and everybody has potential they haven’t used yet.”

Buffett has also given examples of how he put this advice into practice, spending $100 early in his life for a public speaking course to overcome his fear of talking in front of others. The investment he made in himself enabled him to both propose to his wife and to sell stocks thanks to his newfound skills. 

How can you follow Buffett’s advice?

Investing in yourself may seem like a daunting prospect, but Buffett has also provided tips on how to put his advice into practice. “Address whatever you feel your weaknesses are, and do it now. Whatever you want to learn more, start doing it today. Don’t put it off to your old age,” Buffett suggested.

The good news is, it’s easier than ever to find online courses, certificate programs, or professional development groups that can help you develop your skills and turn weaknesses into talents. If you want to follow the advice of one of the greatest investors of all time, you may want to consider looking into some of these options ASAP.

Posted in: InvestmentTagged : Amazon Business Credit Card,American Airlines Business Class,Att Business Login,Austin Business Journal,Best Bank For Small Business,Best Business Bank Accounts,Best Business Schools In Us,Best Business To Start,British Airways Business Class,Business Attire Men,Business Card Ideas,Business Casual Shoes For Women,Business Continuity Planning,Business Entity Search,Business Letter Template,Business Management Degree,Business Manager Facebook,Business Plan Outline,Business School Rankings,Colorado Business Search,Delaware Business Entity Search,Drop Shipping Business,Family Business Bet,Fox Business Live,Georgia Sos Business Search,Google Business Account,Harvest Small Business Finance,How To Build Business Credit,Is Saturday A Business Day,Is Sears Still In Business,Microsoft 365 Business,My Business Google,Name Generator Business,None Of Your Business,Ny Sos Business Search,Open A Business Bank Account,Pa Business Search,Plus Size Business Casual,Pnc Business Banking,Sos Business Search Ca,Sunbiz Business Search,Taking Care Of Business,The Business Of Being Born,Turbotax Home And Business 2020,Tx Sos Business Search,Venmo For Business,Verizon Business Plans,Virtual Address For Business,What Are Business Days,Women Business Casual

Post navigation

Cyber insurance’s ‘dirty little secret:’ It’s useless, and cyber criminal gangs know it
Investors sue Israeli unicorn Lusha for 35% stake

Categories

  • Business Analysis
  • Business Banking
  • Business Management
  • General
  • Insurance
  • Investment
  • News Business

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • March 2020
  • January 2019
  • November 2018

Recent Posts

  • How (and Why) to Do Domain Background Check with Bill Hartzer
  • North Kitsap man’s $60K investment account drained in fraud, leaving only 32 cents behind
  • You Can Get Travel Insurance Without Paying for It Out-Of-Pocket
  • Digital diabetes management: With insights at home and abroad, where should today’s business model head?
  • Capital One Spark Business Checking Review 2022

Visit Now

Real Estate Investment Trusts

BL

LP

TL

Intellifluence Trusted Blogger

promo toyota malang

water damage restoration las vegas

hollywoodstarshoney.com All rights reserved
Theme: Royal Magazine by ThemeinWP
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT