Mr. Buffett, how did you make $100,000 to $7 million
At the beginning of your investment career, you started with only 100,000 US dollars, and reached 7 million US dollars in about seven years. Is this also a value investment? Or is there some other speculative behavior?
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Buffettttttt : Turning $100,000 into $7 million takes a strong investment philosophy and long-term patience. My investment philosophy is value investing, which means looking for companies with long-term growth potential and favorable fundamentals, rather than pursuing short-term profits. Before each investment, I will conduct in-depth research and analysis of potential investment targets, and after confirming their value, hold them for a long enough period of time to earn a reasonable return.
As you can see from my investment experience, I have always adhered to this strategy. Over the past few decades, I have repeatedly selected exceptional companies, such as Coca-Cola and The Washington Post, to name a few, that have delivered great returns for myself and my investors.
Of course, investing is not easy, it requires a lot of knowledge and skill, and there are risks involved in investing, requiring constant attention to market changes and company dynamics. Therefore, if you wish to earn more by investing, please learn about investing carefully, make prudent decisions, and improve your investment by constantly learning and gaining experience.
Moneys working OP Buffettttttt : I'm asking: How did one hundred thousand dollars become seven million dollars in seven years