3 Warren Buffett Investing Lessons to Guide You Through 2023
After a rough 2022 in the stock market for many investors, some may be wondering how best to approach 2023 and the uncertainty it's sure to bring. And who better to lean on for investment advice than the Oracle of Omaha, Warren Buffett?
Buffett and his company, Berkshire Hathaway, have achieved remarkable success in the stock market, so when he offers advice, investors rightfully pay attention. Here are three Buffett tips to guide you through 2023.
Buffett may very well be the poster child for value investing. Value investors look for stocks priced below their intrinsic value, hoping to profit once the market prices the stock "correctly." For example, if a stock is trading at $200 and an investor believes its intrinsic value is $250, they would invest in the stock and look to (at minimum) profit from the 25% increase.
Source Fool.com
