Learned from Buffet experience

Learned from Warren Buffett experience. “Warren’s first investment was when he was 11 years old. The stock that he bought was called Cities Service Preferred at US$38 a share, only to watch it sink to US$27. He sweated it out and sold it when it reached US$40, only to watch it soar to US$400 (RM1,236).

Investors should always be patient and not chase a stock, said Buffett. Photo by Bernama

“This was his first lesson in patience, where good things do come to those who wait, provided you pick the right business.” Mary Buffett talking about her former farther-in-law in theedgemalaysia,Nov 19, 2010.

Moral of the story, bersabarlah....