By Alvin Chow
Warren Buffett became a millionaire at his 30s and a billionaire at his 50s.
In today’s #AskDrWealth, we’ll reveal how Warren Buffett invested to make his first million by 30.
Why You Cannot Invest Like Today’s Warren Buffett
Few people know that Warren Buffett became a millionaire at the young age of 30 years old and later became a billionaire in his 50s.
Because of this, many investors want to emulate his investing strategies.
But! There is a difference between his CURRENT investment strategy compared to the strategy that made him a millionaire.
I would urge you to follow Buffett’s millionaire investment strategy rather than his current billionaire strategy.
And today, I’ll break down his millionaire strategy:
The Millionaire Strategy As Taught By Warren Buffett’s Shifu, Benjamin Graham
What Warren Buffett did to get his first million was invest using a strategy called the “Net Net strategy”.
He picked up this strategy from his teacher, Benjamin Graham.
The Net Net Strategy
If a stock price is less than 2/3 of the difference of its current …read more