If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
WARREN BUFFETTForecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
More Warren Buffett Quotes
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
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Our favorite holding period is forever.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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I never invest in anything that I don’t understand.
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There seems to be some perverse human characteristic that likes to make easy things difficult.
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What the wise do in the beginning, fools do in the end.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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Someone’s sitting in the shade today because someone planted a tree a long time ago.
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It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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Honesty is a very expensive gift, Don’t expect it from cheap people.
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Never be afraid to ask for too much when selling or offer too little when buying.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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Successful Investing takes time, discipline and patience.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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