Warren Buffett is the richest man in the world overtaking Bill Gates sometime last year. As a teenager, Buffett was already reading company reports belonging to his father while his classmates were crazy with comics. He started business early in life and went to study finance in college. Armed with accounting business knowledge, he invested USD100,000 fifty years ago which compounded to billions today. What is interesting to note is that Warren Buffett made all his fortune from the stock market. He never earned money from selling products or offer services. And his company Berkshire Hathaway is the most expensive one is the world with USD100,000 per share. His motto is to buy low, sell high in the stock market.

That was why in March this year, Buffett invested USD8 billion of his money in the stocks when everyone else was selling due to fear, recession and panic. By now I guess Buffett would have made a handsome profit from that investment.

Despite his massive wealth, Buffett is a simple man – he lives in a three bedroom house, drives a second hand old car and flies economy. He never flaunted his wealth – instead he gave millions away to charity and to Bill Gate’s Foundation. Such an unassuming man. I guess it pays to read more about this great investor and his methods of investing to make money from the stock market. His first rule in investing is “Never Lose Money.” And his second rule is “Don’t forget rule number 1.”

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