logo
logo
Sign in

For Long Term MLM Success – Learn Warren Buffett

avatar
Vintage Value Investing
For Long Term MLM Success – Learn Warren Buffett

If you seek long term MLM success it is important that you follow the principles of Warren Buffett and his fascinatingly simple principles that have guided Warren Buffett's decision making in investing over that past 60 years that have allowed him to accumulate such immense wealth.

 

Warren Buffett's formula for investing fundamentally has not changed since his first fund was established over 50 years ago. Buffett most importantly never got distracted by fads or promises of explosive returns. So called experts have often criticised him for his stubbornness and his "old fashioned-ness" and yet he's always had the last laugh when their bubbles burst.

 

Whether warren buffett stocks or buying entire companies, he has the mind-set that he is going to keep that business forever. Thus he looks at the business both quantitatively and qualitatively to be certain that he's making the right decision.

 

According to some investment experts Warren Buffett spends 8 hours a day at his office, reading annual reports and trade journals with the goal to make just one good investment decision every year. After he does a ton of research on a company and its executives to make sure they both have integrity because he wants to be certain that what he invests in will continue to grow and prosper long into the future.

 

Warren Buffett looks for companies he understands, with consistent earnings history and favourable long-term prospects, showing good return on equity with little debt, that are operated by honest and competent people and then invests in it. Similarly as network marketers you need to use the same approach when it comes to choosing the company they want to build their long term residual income with. Work hard and build it once allowing you to enjoy the lifestyle.

 

Without a doubt Warren Buffett is the best-known value investor in the present day. However if you look closely you will find many others, including Benjamin Graham (Buffet's professor and mentor), David Dodd, Charlie Munger, Christopher Browne (another Graham student), and billionaire hedge-fund manager, Seth Klarman.

 

Are you frustrated, humiliated with your lack of success in MLM? Have you lost lots of money? Proper mentoring will put you on the right path. Learn how to build a profitable investment at vintagevalueinvesting.com. If you are planning to buy stocks, vintagevalueinvesting.com is your partner site to explain, discuss, ask, learn, teach, and debate those topics and questions that  interest the writer and reader the most.

collect
0
avatar
Vintage Value Investing
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more