Tuesday 6 September 2011

A Man with Great Vision in Finding Hot Penny Stocks

There is a man who can earn money when he was 6 year olds by selling the drinking for his school friends.With an intelligent mind, he soon becomes one of the richest people in the world.Who is he? How can he become so rich and the others can not?He is Warren Buffett, one of the greatest investors of all times who is well known from all over the world.I have known much about him, about his wisdom, his charity and his good manner and I admire him much.He has a good vision about the values of Hot Penny Stocks, while other investors didn’t take care about Penny Stocks.For example, in the 1980s, the world economy was collapsed, there were many companies which were unsuccessful, and became bust. Thus, their expensive Stocks became demeaning and became Hot Stocks; Warren Buffett realized their potentials and decided to buy most of them. After a while, the world economy recruited, these companies developed in a rapid speed.

The Hot Penny Stocks, which didn’t worth much, became more and more valuable. As a result, Warren Buffett triples his property, and became richer.The important thing I concern is not the money he had got, but the way they can see the future of these Hot Penny Stocks. Perhaps he has got an excellent vision about the real value of what he invested in.Thus, I decide to discover the factors that made him become a successful investor. I have read many newspapers, articles, lectures, information and more about him, including considering his way life, his family and his relationships. After then, I have found some interesting surround him.

First of all, he is an independent man, when he was very young. That means he had got many experiences including successes and unsuccess in his business. The more he was suffered by the unsuccess, the more he became self-confident in recognizing and deciding what he should do next in his business.

Second, inheriting the intelligent characteristics from his father and grandfather, and always having their advices, tolerances, encouragements when he met problems.His good manner gave him many goods characteristics as tolerant, faithful, sincere. These characteristics had made him become a good manager, good friend and give him many great relations with his partners. Whenever encountering bad problems, he can wait for help by his good friends.These are what a great man possesses‼!