3-Point Analysis | Investment lessons from Warren Buffett

Mistakes are an inseparable part of investing, the best investor can do is learn from them and minimise the impact. The current situation is grim and most of us have no idea what is going to happen or could happen, particularly to our savings and investments, in the light of the economic consequences of the novel coronavirus, or COVID-19, pandemic. Ace investor Warren Buffett said, "If you find yourself in a hole, stop digging."  Moneycontrol's Sakshi Batra does a 3 point analysis to understand the essence of this phrase in the context of the current crisis.