Warren Buffet, legendarily notorious billionaire and investor, imparted the annals of his sheer financial wisdom, by giving a few tips one how to make the best investments, in any economy. Here are a few: When buying a stock, consider more than just the price - Buffet affirms that although an investment may seem expensive, and virtually able to break your pocket, if its value is going to turn over in a BIG way, and if your returns are going to be phenomenal (even if it's in the long run), it's far better to invest in such a treasure, than to waste your money on an investment that is affordable, but not likely to garner for your the same returns, and which might actually produce average-to-low returns. You don't have to literally be a "genius" in order to invest well - That's right: it may seem as though the "financial race" is only fit for those who have the most brilliant IQ that has ever graced the earth, but Buffet hints that it's a matter of understanding the financial market that's before you, and truly taking advantage of it's "ups" and "downs" by planning a strategy that effectively "rides the tide" and keeps you profiting for at least 99% of the time. Master "the basics" about investing - You may wonder what these "basics" consist of, but it's pretty simple: focus on How to Value a Business, and How to Think About Market Prices. For more on these tips, you can read the entire article at http://www.businessinsider.com/warren-buffetts-investing-quotes-2014-8?op=1 What do you think of these tips? Are they "legit"? What kind of advice would you give to someone who is just getting into "the investment field"?