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It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.
Warren Buffett greets shareholders during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, in 2008.
Warren Buffett’s life in pictures
42 photos
Warren Buffett greets shareholders during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
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Trump posted repeatedly on social media about Indiana, naming individual senators and threatening primary challengers against anyone who voted no, while Vice President JD Vance went twice to Indiana to meet with lawmakers.
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Trump’s political allies tried to turn Indiana’s vote into a loyalty test, mobilizing supporters to pressure holdout Republicans. The Club for Growth and a new group led by a handful of Trump presidential campaign veterans aired ads threatening to oust incumbent senators who voted against redistricting. Turning Point USA, the group founded by Charlie Kirk, vowed to back those primary challenges and hosted a small rally at the Indiana Statehouse last week.
Much of Trump’s ire was focused on Senate President Pro Tem Rodric Bray, the Martinsville Republican who had long insisted the Senate didn’t have enough votes to pass new maps. Bray announced after the vote failed that under Indiana Senate rules, the chamber can’t take up the maps again during its 2026 session.
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As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street.
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Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company.
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But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.
Here’s just a sampling:
Don’t lose money
“The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule.”
Buffett is best known as a value investor – someone who buys companies he believes are undervalued. “If you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money,” he explained on Adam Smith’s Money World.
But Buffett’s advice also speaks to the need to diversify risk.
“It’s the foundation of how I manage client money,” said certified financial planner and CPA Brian Kearns. “Investing is about growth, but it is also about capital preservation. … Find reasonably priced investments … but don’t risk too much of your net worth on one idea.”
It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.
Warren Buffett greets shareholders during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, in 2008.
Warren Buffett’s life in pictures
42 photos
Warren Buffett greets shareholders during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
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Trump’s political allies tried to turn Indiana’s vote into a loyalty test, mobilizing supporters to pressure holdout Republicans. The Club for Growth and a new group led by a handful of Trump presidential campaign veterans aired ads threatening to oust incumbent senators who voted against redistricting. Turning Point USA, the group founded by Charlie Kirk, vowed to back those primary challenges and hosted a small rally at the Indiana Statehouse last week.
Much of Trump’s ire was focused on Senate President Pro Tem Rodric Bray, the Martinsville Republican who had long insisted the Senate didn’t have enough votes to pass new maps. Bray announced after the vote failed that under Indiana Senate rules, the chamber can’t take up the maps again during its 2026 session.
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Leising said she had voted for Trump three times. But she was unhappy with the president’s efforts to pressure Indiana into scrapping and replacing its congressional maps as part of a nationwide arms race ahead of next year’s midterm elections.
“I wish that President Trump would change his tone. He needs to be more positive about what he needs to address for ’27 and ’28. Why does he need to have a Republican majority in ’27 and ’28? What is he going to do next?” Leising said.
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