What is Warren Buffett's Number 1 rule?

Warren Buffett's number one rule of investing is: Never lose money.

This may seem like a simple rule, but it is one that Buffett has followed throughout his career. He believes that it is more important to avoid losing money than to make risky investments in the hopes of high returns.

Buffett has said "Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."

Buffett's focus on avoiding losses is one of the reasons why he has been so successful as an investor. He said he would rather miss out on a few big winners than lose money on a few bad investments.

Of course, no investor can avoid all losses. But Buffett's focus on preventing losses has helped him build a fortune throughout his career.

Here are some tips for following Warren Buffett's number one rule of investing:

Do your research before investing in any company or asset.

Invest in companies that have a strong track record of profitability and growth.

Avoid investing in companies that are heavily in debt or that are facing significant challenges.

Diversify your portfolio by investing in a variety of different assets.

Be patient and don't panic sell if the market takes a downturn.