Buffett's rule number one is never lose money And then, his rule number two is not to forget the first rule And to never lose money,
you have to do a very simple thing Align your investment with your goal When you are investing for a goal, that this money is for my retirement,
this money for my child's education, when he gets into college This is for buying a house, a couple of years down the line What happens is, this kind of money, aligning it with a goal,
you are able to decide on a time frame and then you are able to invest accordingly You don't get anxious because when you invest your short-term money in equity, most problems arise because people invest their long-term money into some short-term assets
That is very disappointing because you are not earning well enough When you are investing your long-term money into short term is this problem Short-term money into long-term investment, then it is all the more disappointing You are faced with a market fall, you can't deal with it