BRK.A

As a proud Berkshire Hathaway shareholder for over a decade, I've learned a few things about investing from the master himself, Warren Buffett. Here are a few of his most important lessons that have helped me grow my portfolio and achieve financial success.

1. Invest in businesses, not stocks.

Buffett always emphasizes the importance of understanding the businesses you're investing in. He says, "If you don't understand a business, don't invest in it." This means taking the time to research companies, read their financial statements, and understand their competitive landscape.

2. Buy stocks when they're trading below their intrinsic value.

Intrinsic value is the estimated value of a business based on its future earnings potential. Buffett says, "It's far better to buy a wonderful business at a fair price than a fair business at a wonderful price." This means being patient and waiting for opportunities to buy great companies at a discount.

3. Hold your investments for the long term.

Buffett is a firm believer in the power of compounding wealth over time. He says, "The stock market is a device for transferring money from the impatient to the patient." If you can resist the temptation to sell your stocks during short-term market downturns, you'll be rewarded with greater long-term returns.

4. Be fearful when others are greedy, and greedy when others are fearful.

This is one of Buffett's most famous quotes, and it's a reminder to stay calm and rational during market volatility. When everyone else is buying, it's time to be cautious. And when everyone else is selling, it's time to be greedy.

5. Invest in yourself.

The most important investment you can make is not in any stock or bond, but in yourself. Buffett says, "The best investment you can make is in your own education and skills." By continuously learning and growing, you'll increase your earning potential and financial literacy.

These are just a few of the many investing lessons I've learned from Warren Buffett over the years. By following these principles, I've been able to grow my portfolio and achieve financial success. If you're looking for a long-term investing strategy that works, I encourage you to adopt the Berkshire Hathaway shareholder's mindset.