Warren Buffett, a super-smart investor, shared some investing tips in his latest letter! He talked about how it's okay to make mistakes, because big wins can make up for them. He also said to stick to what you know and understand, like how Berkshire Hathaway focuses on insurance.
- It's alright to make mistakes; focus on big wins.
- Invest in things you really understand.
- Berkshire Hathaway avoids things like cryptocurrency and AI because they don't fully understand them.
Fact | Number |
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Berkshire Hathaway's 2024 insurance operating earnings | $22.69 billion |