Quote by Warren Buffett

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Rule No.1: Never lose money. Rule No.2: Never forget rule No

Summary

This quote, attributed to Warren Buffett, emphasizes the importance of preserving wealth and avoiding financial losses. Rule No.1 advises individuals to prioritize protecting their capital by making wise investment decisions. Rule No.2 serves as a reminder that this first rule should never be neglected or overlooked. By adhering to these simple rules, one can minimize financial risks and stay focused on long-term financial success.

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By Warren Buffett

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