Investment maestro Warren Buffett once offered his wealth-building wisdom for the upper class.
Buffett advises the upper class on strategies to further grow their wealth. Representing only about 2% of the U.S. adult population, this group has a median household income of $256,900.
Buffett’s guidance includes the practice of value investing, a strategy that involves picking stocks that are priced at or below their intrinsic value.
Buffett underscored the significance of long-term investment and cautioned against making hasty decisions influenced by market volatility.
