Warren Buffett, one of the greatest investors, emphasizes long-term strategies over short-term gains.
His five core principles include: 1) Never lose money, focusing on capital preservation; 2) Hold investments long-term to benefit from compounding; 3) Invest as if buying the entire company, valuing intrinsic worth; 4) Choose companies with competitive advantages; and 5) Maintain cash reserves for opportunities.
These principles guide sustainable wealth creation and prudent investment decisions.