Forbes has recently listed out the 400 richest people in the world and Ron Baron is the one who is listed as number 306 among other billionaires. Ron Baron, a billionaire said in an interview that "save and invest and invest and save" is the mantra that he follows. He said invest in small and mid cap companies and in those business who believe in investing saving.
I learnt from Ron that we should not judge people and businesses and we should have faith in other's business and their foresight. "Build a brand. Building a brand is possible with repititive advertising and also maintaining the brand."
Ron said that stocks are cheap now when compared to earlier as people are afraid to invest in them and Bonds are right choice for long term investments. Ron Baron has given really useful tips and I think I will be following those tips now.
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