Reported 1 day ago
Warren Buffett, a legendary investor, transformed his approach to investing after reading 'The Intelligent Investor' by Benjamin Graham at a young age. Initially focused on predicting stock prices, Buffett learned to prioritize understanding a company's financial performance instead. This shift led him to advocate for informed analysis and long-term investments, suggesting that passive strategies like investing in an S&P 500 index fund can be effective for building wealth.
Source: YAHOO