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Warren Buffett's 9 Essential Rules For Running A Business

November 21, 2016

Warren Buffett is legendary as an investor, but he's also an incredibly successful businessperson, too. In fact, the billionaire's long-term investing perspective is at the core of the business advice that he's provided over the years.

 

Here are some of Buffett's key business lessons from his annual letters to Berkshire Hathaway shareholders:

 

  1. Keep calm in the face of volatility.
  2. Keep good company.
  3. Keep your focus.
  4. Keep costs low.
  5. Keep employee incentives simple.
  6. Keep out of trouble.
  7. Keep your undervalued stock to yourself.
  8. Keep it small.
  9. Keep your reputation.