In the HBO video above, Warren Buffett discusses Graham's two rules of investing. In addition,
you have read about the role of the CFO and how finance managers work every day to ensure
their company is a value to their investors and owners. Take a minute to reflect on your
experience with fi...
I have an arguably decent experience in financial management. I gained this experience
between 2013 and 2020 when I managed a grocery store. The store was financially healthy
throughout the time I managed it and only closed when the Covid-19 pandemic struck. As
expected, I initially struggled with role in the initial years as a manager. Later, I gained
invaluable understanding about financial management and investing. I gained these insights
while developing sales and marketing strategies, preparing budgets, and making operational and
strategic plans.
After the grocery business closed I decided to invest in stocks. I invested in various
technologies mooted as likely to be successful in the future. These stocks included video
conferencing technology companies which were predicted to be a core part of the post-pandemic
era. Sadly, these stocks plummeted after the pandemic. For instance, Zoom’s share value
declined by more than 85% by the third quarter of 2022 from its peak in 2020 (Novet). Due to
these steep losses, Warren Buffet’s rules of investing make more sense now; “never lose money”
(Goke). This rule suggests that one analyzes a business’s long-term evolution before investing in
its stock to minimize the risk of losing their money. I did not follow this rule.
Now, I want to learn how to analyze companies’ future evolution. Once I learn this skill,
I will be keenly evaluating a company’s performance and predicting its future performance. By
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