“We look for three things: Intelligence, Energy, and Integrity. If they don’t have the third, the first two will kill you.”
Preserve capital above all else. The Insight: Buffett’s famous quote is: "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1." This does not mean stocks never go down temporarily; it means permanent loss of capital is unacceptable. 10 golden principles of warren buffett pdf verified
for a stock.