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The most crucial factor Buffett considers when assessing a possible investment is likely the price.

Regardless of the price it was purchased at, no company or manager is so excellent that they can offer a terrific investment.

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Each investment possibility is carefully investigated by him, and he considers things like the company's finances, competitive advantage, and management group.

One of your biggest advantages as an investor is your capacity for patience.

You can always wait for something else if your broker or friends are pressuring you to invest in something you don't understand or believe is priced too expensive.

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In recent years, Buffett has taken a stance against speculative assets, preferring to emphasise the value of producing assets like equities, real estate, bonds, or farms.Wealth Creation through Smart Real Estate Decisions Temporary Part-Time Jobs: Start Earning Today