The only rule in investment: Never Lose Money!

Warren Buffet had said that there are two rules in investment:
1. Never Lose Money!
2. Never forget rule No.1!

I believe that some ppl might think that is impossible, investment has risk, win and lose.

Actually it is very simply when we relate it to walking. we all do the same thing, walking forward, we knw that if we keep walking forward, no matter how small of our steps, we will reach our destination.

But if u walk by 2steps forward, 1step backward, then another 2steps forward, 3steps backward again, keep move forward n backward, u might be in the same place, or maybe worse is u move backward rather than forward.

For example: If u invested 1000 but lost 500, that means u lost 50%. Now, u only remain 500, to gain back what u lost, u have to gain 100% from what u have now. U can notice that, u have to gain 100% to gain back the 50% u had lost, it is double, pls! That is y my idol, Mr Warren come out which the conclusion: "NO Lose!

It is simple.. Pls think of the way we walk, we walk step by step, no fall, no backward, we will reach where we want.