What is the rule number 1 of Warren Buffett?

Okay, so you wanna know Warren Buffett’s number one rule? It’s kinda legendary, right? I mean, the guy’s a freakin’ oracle, practically. Well, get this: Never lose money. Seriously. That’s it. Boom. Rule number one.

Sounds simple, doesn’t it? Too simple, maybe? I used to think so. Like, what’s the fun in not losing money? Where’s the adventure? Then I remember that one time I invested in that “revolutionary” dog-walking app… yeah, not so revolutionary. Lost a chunk of cash there. Learned my lesson. Ouch.

Buffett’s second rule, by the way, is equally brilliant, if a tad repetitive: Never forget Rule No. 1! He hammers this home, you know? It’s not just about making money – it’s about protecting what you already have. Which, you know, makes total sense. I’m still kicking myself over that dog-walking app debacle. Should have stuck to what I understood.

He also really stresses understanding what you’re investing in. I mean, don’t just throw your money at something because your friend’s brother’s cousin said it’s the next big thing. Do your research! Seriously, it’s not that hard to check out a company’s financials, it’s all online now, right? But I get it, sometimes it feels like hard work. Which is why I end up watching cat videos instead. But I am trying to be better. Slowly.

Anyway, Buffett’s rules? Pretty straightforward, but they hit home, you know? And they definitely saved me from even more financial disasters. Maybe. Hopefully. I’m still working on it!