Warren Buffet doesn’t invest in what’s “hot” and what everybody talks about, but he has made more money than just about anybody. He doesn’t rely on economic predictions either, but he does look at one thing that has allowed him to grow his investments to extremely impressive levels, and that’s the people he’s investing with. 

Key Talking Points of the Episode

[01:24] Invest with PreREO!

[02:17] Who is Warren Buffet? 

[03:02] How does Warren Buffet invest?

[04:04] What did Warren Buffet have to say in this year’s shareholders’ meeting?

[05:05] What should you know as an investor?

[06:05] Does Warren Buffet invest in stocks?

[09:33] Why is it important to know who you’re investing with?

[11:19] Should you gamble on high-risk investments?

[12:52] Why should you be careful of your investments?

[16:39] How can scarcity affect people’s integrity?

[17:49] Who are the people we vet for Money Ripples?

[19:16] How can you make sure you’re making good investments?

Quotables

“Say whatever you wanna say about Buffet, the truth is that when he comes to investing, he’s a pretty wise guy.”

“Many people, especially in the financial advising world will tell you that Warren Buffet invests just like them but the truth is, he does not.”

“He says one of the reasons he doesn’t bank on what they say is because they end up being wrong all the time.”

“Something different happens all the time and that’s one reason economic predictions just don’t enter our decisions.”

“Great businesses with great managers will be able to succeed during difficult times just as they would during good times.”