Below 30 years old [Facepalm] I definitely believe in the power of compounding; isn’t called the 8th wonder of the world for nothing. It happens to our bank deposits and investments, and unfortunately also to debts if not well-managed.


I align to his strategy of value investing and also his advice of buying just ETFs for the noob investor. That was how I started out and is still my main strategy today as I don’t have a lot of time to spend studying and monitoring the stock market. I still have my main day job that takes away a fair bit of my time. Unfortunately, with the recent high valuations, it is hard to bargain hunt and I believe that is why Buffett is sitting on more cash than ever. Cash erodes so I do try a bit of swing trading now to try to maximise my returns in a short time and to minimise my risk of holding on to the stock should the price drops drastically. It has worked well so far except I have yet to master options which Buffett is also skilful in.