Buffett On Why You Don’t Need To Be An Expert On Everything – VIDEO


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An eternal optimist, Liu-Yue built two social enterprises to help make the world a better place. Liu-Yue co-founded Oxstones Investment Club a searchable content platform and business tools for knowledge sharing and financial education. Oxstones.com also provides investors with direct access to U.S. commercial real estate opportunities and other alternative investments. In addition, Liu-Yue also co-founded Cute Brands a cause-oriented character brand management and brand licensing company that creates social awareness on global issues and societal challenges through character creations. Prior to his entrepreneurial endeavors, Liu-Yue worked as an Executive Associate at M&T Bank in the Structured Real Estate Finance Group where he worked with senior management on multiple bank-wide risk management projects. He also had a dual role as a commercial banker advising UHNWIs and family offices on investments, credit, and banking needs while focused on residential CRE, infrastructure development, and affordable housing projects. Prior to M&T, he held a number of positions in Latin American equities and bonds investment groups at SBC Warburg Dillon Read (Swiss Bank), OFFITBANK (the wealth management division of Wachovia Bank), and in small cap equities at Steinberg Priest Capital Management (family office). Liu-Yue has an MBA specializing in investment management and strategy from Georgetown University and a Bachelor of Science in Finance and Marketing from Stern School of Business at NYU. He also completed graduate studies in international management at the University of Oxford, Trinity College.

From the guru investor,

How many stocks do you need to be right on to get rich? A lot fewer than you think, according to Warren Buffett.

In this clip from a talk he gave at Georgetown University in 2013, Buffett said that investors who try to be experts on everything are doing themselves a disservice. “It’s a terrible mistake to think you have to have an opinion on everything. You only have to have an opinion on a few things.” Buffett says that investing is a bit like hitting in baseball — you hit for a better average if you wait for the right pitch rather than swing at everything. “You don’t need 20 right decisions to get very rich,” he said. “Four or five will probably do it over time. So I don’t worry too much about the things I don’t understand.” For the full interview,

YouTube Link: Warren Buffett’s Best Advice on Successful Investing

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