A SMART LOOK AT INVESTING
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Investing success comes down to one word: focus
Paying attention to the right things is key, especially in an era of information overload
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Published Tue, Aug 13, 2024 · 09:10 PM
MICROSOFT co-founder Bill Gates and famed investor Warren Buffett were once asked, separately, to write down a single word that accounted for their success.
Interestingly, both of them came up with the same word: focus.
When it comes to investing, there are few, if any, who can match Buffett’s track record. Between 1965 and 2023, a period of almost 60 years, the Oracle of Omaha grew the market value of his company, Berkshire Hathaway by nearly 20 per cent per year – around twice the returns of the benchmark S&P 500 stock market index.
