Videos
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist

Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location:

In this lesson, students learned the importance of buying an asset that they can hold for ever. Buy purchasing a company that has long term prospects, the owner (or stock holder) doesn’t have to continually pay capital gains tax. When comparing the capital gains tax of a person that trades in the short term, it becomes very obvious that it’s not advantageous.

By purchasing a company with long term prospects, you’re not only minimizing your capital gains tax, but you also enjoy the sustained earnings through time.

Articles You May Like

How to Best Prepare for an Impending AI Jobs Apocalypse
Top Wall Street analysts pick these 3 stocks for attractive dividends
Sell McDonald’s on Monday’s gains, Main Street Research investor says
Hot Inflation Drives Stocks Lower. Exploit This Profit Opportunity
Nuclear Power Is Solving the World’s Looming Energy Crisis