He built his fortune using a simple yet powerful investment strategy. In short, his strategy can be described as buying strong companies trading well below their intrinsic value and holding on to those positions over a long period.
Courtesy of Penny Stocks Lab. Census Bureau reported in September that the U. How long will it take him to earn the average annual income of an American household? Brace yourself, the results are staggering.
It took Warren Buffett a mere two minutes to earn the average annual income of an American household. It is jaw-dropping to say the least. If it takes Buffet two minutes to earn the average annual income, how long will it take the average American household to earn his income?
It will take the average American household a tremendous , years to earn Warren Buffett's income of That surely rubs salt in the wound. What would you buy if you earned Buffett's annual salary? Although his earning might suggest so, Buffett is purely human and possesses absolutely no super powers. Interestingly, he made the majority of his fortune only after his 50th birthday.
This goes to show that if you have the correct temperament, enough insight into business, abide by the principles of your long-term investing approach and ignore trends, fashion and market fluctuation you can achieve great results. Buffett is one in a billion and you might not achieve his extreme level of success but you can surely try. The biggest advantage any investor can have is time.
It is the most valuable asset, because of the law of compounding. Compound interest is the 8th wonder of the world and ensures better returns in the long run, if you invest properly. Buffett began investing at the age of 11 and look where he is today - sitting on a mountain of money. You don't have to be Einstein to invest fruitfully. Take advantage of the time you have and start investing as soon as possible. Not all of us earn the exact same amount as the average American household. I advise you to take a seat before doing so.
Feel free to share your results in the comment section below. Want to become a successful independent investor? Portfolio Management , Buffettology. Triangulating The Best Investment Targets. This approach to long-term investing results in higher returns with lower risk. Receive great value investing info.
Download our collection of free eBooks to learn more about our strategy, asset allocation and effective portfolio management. Take a video tour of the platform and use our tools to get started with your own portfolio. Schedule A Demo Login. Courtesy of Penny Stocks Lab No, you don't need an eye test. Courtesy of Penny Stocks Lab It will take the average American household a tremendous , years to earn Warren Buffett's income of Does Warren Buffett have super powers? Conclusion The biggest advantage any investor can have is time.
Triangulating The Best Investment Targets 3D Value Investing uncovers the best businesses for investment, the fair value of those businesses and the best times to buy in and sell out. Download your eBook now. Subscribe to Our Blog Receive great value investing info. Subscribe to Email Updates. Learn about 3D Value Investing Download our collection of free eBooks to learn more about our strategy, asset allocation and effective portfolio management.
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