Big Big Trade

Saturday, March 10, 2007

Buffet and Soros

Here are some excerpts from the book "The Winning Investment Habits of Warrent Buffet and George Soros", written by Mark Tier.


Buffet and Soros do not diversify. When they buy, they buy as much as they can.

They're not focused on the profits they expect to make. Going in, they're not investing for the money at all.

According to Buffet "It is not risky to buy securities at a fraction of what they are worth."

Soros says "To survive in the financial markets sometimes means beating a hasty retreat."

I highly recommend the book. The author did a good job in presenting the similarities between Buffet and Soros despite their contrasting investment style. We should all learn from the "Masters".

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