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Born during the Great Depression, Buffett had the insight to startinvestingin stocks at a young age.
At the time in 1965, the company was a troubled textile company.
Buffett turned it into a financial powerhouse, and hes been at the helm ever since.
Heres a look at three of his keyinvesting tips that you dont want to ignore.
Given Buffetts success with stocks, its no surprise he sticks to his winning approach.
Never invest in a business you cannot understand, he is famously quoted as saying.
But it does mean approaching cautiously and educating yourself in that sector before buying stock.
However,not every investorwants to take on collecting rent and managing properties.
ETFs also easily allow investors to diversify at a low cost, something Buffett sees the importance of.
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