Why Does Buffett Focus on 4 Things?
If you’re like me, the past couple of years have been painful and scary. I’ve had to question just how stock investing fits into my total financial picture and reassess my expectations for retirement. But they’ve also been highly educational years, chock-full of useful lessons I will carry with me the rest of my life. Today, I want to share with you one of the most important of those lessons — one I’m confident will help me, and you also, as we continue our journey toward financial independence. Stuff happens When things were really scary in early 2009 and companies like Citigroup (NYSE: C) and Bank of America (NYSE: BAC) were imploding, it was comforting to hear words of wisdom from one of history’s greatest investors. Warren Buffett himself was stinging, having lost more than $25 billion at one point. Yet in his annual report, he reminded his Berkshire Hathaway (NYSE: BRK-A) shareholders that our country had faced far worse, including the Great Depression and years of 15% to 25% une
