{"id":689,"date":"2024-03-13T15:23:00","date_gmt":"2024-03-13T21:23:00","guid":{"rendered":"https:\/\/gpswp.com\/boatmanwealthmanagement\/?p=689"},"modified":"2024-04-02T15:23:27","modified_gmt":"2024-04-02T21:23:27","slug":"take-some-tips-from-warren-buffet","status":"publish","type":"post","link":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/","title":{"rendered":"Take some tips from Warren Buffet<\/strong>"},"content":{"rendered":"\n

Your Financial Future<\/p>\n\n\n\n

            Warren Buffett is widely recognized as one of the best overall investors in America. Buffet\u2019s company Berkshire Hathaway routinely out performs leading indices. Berkshire is a conglomerate. That was a term that had a bad connotation in the 1980s, but this is not the case with Berkshire. They are major stock holders in companies such as Coca Cola, Citigroup, Chevron Apple and Kraft Heinz. In addition, they own outright, many companies including Fruit of the Loom, Duracell, Dairy Queen, Pilot Truck Stops and Benjamin Moore Paint.<\/p>\n\n\n\n

            Berkshire will only purchase companies that are industry leaders, successful and can be bought for a fair price. Warren does not believe in over paying for anything. He has a huge amount of cash on hand and can invest in anything that interest him. He does not pay dividends or buy back lots of shares of his company. He also does not believe in stock spits to reduce share prices. If you want to buy one A share of Berkshire stock, you need about $615,000!<\/p>\n\n\n\n

            Buffett recently sent his yearly letter to stock holders. This is a widely anticipated annual event. In this year\u2019s letter, Buffett talks about his sister, Bertie. She is a savvy, long-term investor in Berkshire. She has some knowledge, but no formal training. Warren says, \u201cA major asset for Bertie and investors like her: are sensible, instinctively knowing that pundits should always be ignored. After all, if she could reliably predict tomorrow\u2019s winners, would she freely share her valuable insights and thereby increase completive buying? That would be like finding gold and then handing a map to the neighbors showing its location. This is Warren\u2019s way of saying be careful of all the people pitching investments that are supposed to make you rich.<\/p>\n\n\n\n

            Buffett is a long-term investor who does not believe anyone can time the market consistently. He stays invested and has a long-term focus. He believes portfolios should be spread over many investments. This eliminates the chance that one large company could vastly go down and ruin your overall performance. He believes if the markets continue their historical trajectory, you should do good over time.<\/p>\n\n\n\n

            Some other investing tips from Buffett include: \u201cPanic can cause markets to seize occasionally and Berkshire ability to respond immediately in those cases both with great sums and certainty of performance may offer us an occasional large-scale opportunity. For whatever reasons, markets now exhibit far more casino-like behavior than they did when I was young. The casino now resides in many homes and daily tempts the occupants.\u201d Buffet is now 93 and has had stock market success for decades. He is conservative in many ways and now has an estimated $157 billion in cash. This is a much larger position than most companies.<\/p>\n\n\n\n

            Buffet lost his long–time vice chairman Charlie Munger last November at age 99. Charlie is called the architect while Warren served as general contractor. Munger\u2019s key advice to Buffett years ago was to \u201cpurchase businesses at fair prices and give up buying fair businesses at a wonderful price.\u201d That was the creed that Berkshire Hathaway has lived by. The results prove that this approach works. From 1965 through 2023, Berkshire attained a 19.8% gain while the S&P 500 did 10.2% during that same time period.<\/p>\n","protected":false},"excerpt":{"rendered":"

Your Financial Future             Warren Buffett is widely recognized as one of the best overall investors in America. Buffet\u2019s company Berkshire Hathaway routinely out performs leading indices. Berkshire is a conglomerate. That was a term that had a bad connotation in the 1980s, but this is not the case with Berkshire. They are major stock […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"acf":[],"yoast_head":"\nTake some tips from Warren Buffet - Boatman Wealth Management, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Take some tips from Warren Buffet - Boatman Wealth Management, LLC\" \/>\n<meta property=\"og:description\" content=\"Your Financial Future             Warren Buffett is widely recognized as one of the best overall investors in America. Buffet\u2019s company Berkshire Hathaway routinely out performs leading indices. Berkshire is a conglomerate. That was a term that had a bad connotation in the 1980s, but this is not the case with Berkshire. They are major stock […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/\" \/>\n<meta property=\"og:site_name\" content=\"Boatman Wealth Management, LLC\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-13T21:23:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-02T21:23:27+00:00\" \/>\n<meta name=\"author\" content=\"gps\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gps\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/\",\"url\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/\",\"name\":\"Take some tips from Warren Buffet - Boatman Wealth Management, LLC\",\"isPartOf\":{\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/#website\"},\"datePublished\":\"2024-03-13T21:23:00+00:00\",\"dateModified\":\"2024-04-02T21:23:27+00:00\",\"author\":{\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/#\/schema\/person\/d197cb47d12472272461c3be2b753878\"},\"breadcrumb\":{\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Take some tips from Warren Buffet\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/#website\",\"url\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/\",\"name\":\"Boatman Wealth Management, LLC\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/#\/schema\/person\/d197cb47d12472272461c3be2b753878\",\"name\":\"gps\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/64ab0a629e8c8d37ece94eefe3021afa?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/64ab0a629e8c8d37ece94eefe3021afa?s=96&d=mm&r=g\",\"caption\":\"gps\"},\"url\":\"https:\/\/gpswp.com\/boatmanwealthmanagement\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Take some tips from Warren Buffet - Boatman Wealth Management, LLC","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/","og_locale":"en_US","og_type":"article","og_title":"Take some tips from Warren Buffet - Boatman Wealth Management, LLC","og_description":"Your Financial Future             Warren Buffett is widely recognized as one of the best overall investors in America. Buffet\u2019s company Berkshire Hathaway routinely out performs leading indices. Berkshire is a conglomerate. That was a term that had a bad connotation in the 1980s, but this is not the case with Berkshire. They are major stock […]","og_url":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/","og_site_name":"Boatman Wealth Management, LLC","article_published_time":"2024-03-13T21:23:00+00:00","article_modified_time":"2024-04-02T21:23:27+00:00","author":"gps","twitter_misc":{"Written by":"gps","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/","url":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/","name":"Take some tips from Warren Buffet - Boatman Wealth Management, LLC","isPartOf":{"@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/#website"},"datePublished":"2024-03-13T21:23:00+00:00","dateModified":"2024-04-02T21:23:27+00:00","author":{"@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/#\/schema\/person\/d197cb47d12472272461c3be2b753878"},"breadcrumb":{"@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/take-some-tips-from-warren-buffet\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gpswp.com\/boatmanwealthmanagement\/"},{"@type":"ListItem","position":2,"name":"Take some tips from Warren Buffet"}]},{"@type":"WebSite","@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/#website","url":"https:\/\/gpswp.com\/boatmanwealthmanagement\/","name":"Boatman Wealth Management, LLC","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gpswp.com\/boatmanwealthmanagement\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/#\/schema\/person\/d197cb47d12472272461c3be2b753878","name":"gps","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gpswp.com\/boatmanwealthmanagement\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/64ab0a629e8c8d37ece94eefe3021afa?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/64ab0a629e8c8d37ece94eefe3021afa?s=96&d=mm&r=g","caption":"gps"},"url":"https:\/\/gpswp.com\/boatmanwealthmanagement\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/posts\/689"}],"collection":[{"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/comments?post=689"}],"version-history":[{"count":1,"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/posts\/689\/revisions"}],"predecessor-version":[{"id":690,"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/posts\/689\/revisions\/690"}],"wp:attachment":[{"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/media?parent=689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/categories?post=689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gpswp.com\/boatmanwealthmanagement\/wp-json\/wp\/v2\/tags?post=689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}