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After nearly seven decades of experience, investing legend Warren Buffett has accumulated more than $142 billion in personal wealth — and the Oracle of Omaha believes much of his success is based on his ability to avoid losing money.
Buffett has always advocated a long term investment approach — which is perhaps the reason why his strategies resonate with millions of people.
“You only have to do a very few things right in your life so long as you don’t do too many things wrong,” he once said.
With that in mind, here are 3 investment mistakes Buffett says you should avoid in order to secure your fortune for the long term.
Some investors fail to recognize the difference between a speculative asset and an…