The Winning Investment Habits of Warren Buffett & George Soros

Book Description

Warren Buffett and George Soros are the worlds richest investors. Both started with nothing. Both built their fortunes solely by investing. Their strategies are as opposite as night and day. Buffet buys bargain priced stocks and businesses for cashand likes to own them forever. Soros is renowned for his highly leveraged, multi-billion dollar bets in the currency markets, where a week can seem like a lifetime. So what could they possibly have in common? Mark Tier has discovered that they both rigorously practice exactly the same mental habits and strategies. Three of twenty-three: They never set out to diversify. When they buy they buy as much as they can Being highly risk averse is the only way to make moneyand keep what you have Wall Street research reportsthey dont read them. They never rely on what others think.