He is still following the same investing strategy at 90-years.
In the second quarter of 2020 Berkshire Hathaway purchased a 20.9 million shares stake in Barrick Gold ( a gold mining company). These shares worth $564 million which make Warren Buffett the 11th biggest investor in the Barrick Gold Corporation.
Warren Buffett's investment in a gold mining company seems so surprising to other well-known investors because he didn’t buy gold in his entire investing career. At Berkshire shareholder meeting in 2012, Warren said,
I mean, if you own an ounce of gold now and, you know, you caress it for the next hundred years, you’ll have an ounce of gold…
Failure feels painful but makes you strong.
Failures are inevitable. And if anyone wants to stay safe for the whole life, he is insane.
And if you’re an entrepreneur, failing is compulsory because multiple internal and external factors affect you and your business at a time.
According to Embroker, after 5-years of starting a new business, 50% of entrepreneurs fail while only 25.9% surpass the 15th year.
Can you believe this? But that is the reality.
There are several reasons like economic risks, natural disasters, no market need, cash shortfall, mismanagement, etc.
The majority of entrepreneurs find it tough to deal with failures that result in anxiety…
An analysis of 353 failed startups
A startup business is not as easy as you think.
Entrepreneurs come up with great ideas and lots of passion. They are excited to transform their ideas into a successful business, but only a few of them succeed in becoming the next Bill Gates, Warren Buffet, Jeff Bezos, and Jack Ma. The rest either struggle or fail.
According to Investopedia, the 2019 data show that 90% of startups fail. In the first year, 21.5%, second year 30%, fifth-year 50%, and 70% in the 10th year.
Another statistic from Oberlo shows that 31.7M startups launched in the US in 2020.
So…
Tips for securing angels while keeping in mind what they expect from you.
If you’re already an affluent entrepreneur, you can finance your startup business from your own pocket. But not all entrepreneurs enjoy these financial circumstances. Another option you can use is IPOs, but still, you need to face lots of legal obligations and fees. The same is the case with bonds and bank loans.
But don’t worry, there’s a sweet spot: angel investors.
According to the European Trade Association for Business Angels, from 2016 to 2017 angel market grew by 9%, that is €7.3B, and angel investments in the USA increased to $23.9B. …
Read this book to enhance your financial IQ
After passing out my 12th grade, I took admission in BBA for a bachelor’s degree in business.
During the 4-year graduation period, I studied dozens of subjects related to accounting, finance, and marketing. In my 5th semester, I choose finance as my area of specialization and studied several books from well-known authors like Van Horn and Brigham.
These books were focused majorly on discussing different formulas and principles used in finance. But there was a problem with these books having no clear guidance for solving financial problems we all face.
One day I was searching for finance books on Google…
Cryptocurrency
The three key takeaways.
Are you a cryptocurrency investor and want to earn money?
If yes, then reading my story help you in this journey. You get some valuable lessons from my practical investing experience in Bitcoin for one year. I also share my failures you can avoid through the journey.
At the start of 2017, I learned about Bitcoin from a YouTube channel. The owner of that channel used to upload regular videos about the online crypto investing sites that pay a profit if you invest in their ads schemes.
The idea seems very interesting to me because Bitcoin was not so famous…
Including two kids.
YouTube is a giant of video content. It is by far the second biggest search engine after Google, with 3.5 billion searches each month and 2 billion users.
In 2009 when YouTube started allowing YouTubers to show ads on their videos and monetize their channels, it gained popularity. People around the world began creating their YouTube channels to earn some living.
According to statistics, there are over 37 million YouTube channels in 2020. Every minute of the day, 500 hours of videos are uploaded on YouTube. The last year’s 2019 YouTube channels grew by 23%.
If we come to YouTubers…
How you can protect your money.
As human beings, we take care of many things that are important for living on Earth.
We need to take care of our health, time, future, house, faith because they’re basic parts of our life.
Likewise, the one important factor that matters in our lives and for which we all do a lot of hard work is called money. Why money matter is well known to you?
There are some financial predators around you that are continuously eating it. If you use a little common sense and have some financial intelligence, you can save your money from these predators.
In…
If you want to become a breakthrough entrepreneur.
Entrepreneurship is an interesting topic for people who want to start their own business. It is simply a process of creating and running a new business in an uncertain environment for achieving profit and growth.
According to Small biz genius, 582 million entrepreneurs are present in the world. In 2016 America alone has 25 million entrepreneurs.
People with entrepreneurial spirit love to start personal businesses. In fact, in the United States, 543,000 new businesses are created each month.
There are several reasons people want to start their own businesses:
For getting freedom of life and money
To become their own…
If you want to get high paying clients
Freelance writing clients can be acquired using several ways. Some common ones include social media, job boards, and freelance marketplace.
But there is a problem with these methods.
You get clients that are low paying who can’t afford higher rates. There is also a lot of competition present. That’s why freelance writers can’t make huge money through these methods.
For getting quality and high-paying clients, an effective method is cold emailing. And what you’re going to learn about in this article.
So let’s get started.
What is Cold Emailing?
It is the method to find and reach potential clients by sending unsolicited but targeted…
Ahmad Ali
A writer & dreamer. I write about business, finance, and marketing. @AhmadAl82230443
