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As a successful investor, there are certain people I look up to and get inspiration from. I want to share my success by imparting a few of the countless lessons from a person who has guided me to efficient and intelligent investing though his business principles - Warren Buffett, the brilliant chairman of Berkshire Hathaway.

Every time people plunge into a decision, there is always risk of every kind - personal, financial, etc. But how can we measure or define if it's really a risk. We tend to think of "risk" as more of a negative term, as something to be avoided or a threat that we hope won't materialize.