#4,989 in Business & money books
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Reddit mentions of Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor
Sentiment score: 1
Reddit mentions: 1
We found 1 Reddit mentions of Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor. Here are the top ones.
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- HarperBusiness
Features:
Specs:
Height | 9 Inches |
Length | 6 Inches |
Number of items | 1 |
Release date | April 2016 |
Weight | 1 pounds |
Width | 1.13 Inches |
If you want to be an active investor in any way...
Beyond these, I would 100% say, get some practice buying stocks / funds. Open a Robinhood account with a very small amount of $. Buy some individual stocks and set rules about when you can or can't sell them. At the end of the sell or hold period, evaluate what went wrong or right. Learn to understand if there was an error in your process / analysis, or if it's just the nature of the market as a whole. These things will never be straightforward, but I know I personally learned a lot when I started as I tended to get caught investing in a lot of value traps. Alternative to Robinhood, you can use Investopedia, although it's probably better to learn when you actually have some skin in the game so you can understand aversion to loss.
If you don't care to be an active investor...
Just buy an index fund. You can read stuff like Boglehead's guide to investing, a Random Walk on Wall St, or any other index fund bibles, but the main conclusion to all of these books is that you are going to suck at beating the market, and you should just buy index funds. So if you don't care to try to beat the market, you can just skip most of the reading, find a passive portfolio (3 fund, all-weather, or just buying SPY since you're young) and just build up a base in a passive way and ignore returns until you're over 50 years old.