Recently I was watching a video on forbes.com, which featured billionaire Ron Baron who is also listed as number 306 among the Forbes 400 richest people in the world. In the interview, Ron said: 'save and invest, and invest and save, in small and mid cap companies and invest in businesses who believe in investing and saving'. He also asked not to judge people and businesses, and have faith in other's business and their foresight. 'Build a brand', is what Ron says. Building a brand is possible with repetitive advertising and also maintaining that brand. He thinks stocks are cheap now when compared to 12 years earlier, because people are afraid to invest. Bonds are also favorable long term investments according to him.
So if you decide to invest in long-term, tips from Ron Baron could be very useful.
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