Investing success comes down to one word: focus

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.