3 Lessons I Learned From Watching Warren Buffett for 30 Years
I came of age as an investor watching Warren Buffett, and these are three of the most important lessons I learned along the way.
Overview
Warren Buffett, the former CEO of Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB), has announced that he is stepping down as chairman of the board of the company he once ran. It was only in January that he handed the CEO reins to his successor, Greg Abel. This transition is huge for Berkshire Hathaway and its shareholders, but it is equally large for an investor like me, who's watched Buffett for decades.
The so-called Oracle of Omaha helped to shape how I invest. And as I reflect on the legacy he's handed me, I can think of three important lessons. None of them is really about how to pick stocks. But I wouldn't be the investor I am today without Buffett's influence on each of these aspects of my investing life.
Image source: The Motley Fool.
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Originally published at www.fool.com.