The Prudent Ox Economics and Financial Blog

Common-sense thoughts on the US and global economies, gold, silver, commodities, interest rates, the Federal Reserve, foreign currencies, and government policy decisions that affect the markets.

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Location: Denver, Colorado, United States

Thursday, June 25, 2009

The secret to Warren Buffett and Jim Rogers' success

Came across this post at the Daily Crux, and it's some of the best investing advice I've ever came across. Warren Buffett also did this, and it's a big reason for his investing success.

Charlie Munger - Buffett's long-time partner at Berkshire Hathaway - once told a crowd, "Warren was so successful because he sits on his ass and reads." Enough said. Good enough for them, so it's good enough for me.

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