Elon Musk says

“Buy & hold stock in companies where you love the product roadmap, sell where you don’t.”

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Quotes on Investing

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“...not doing what we love in the name of greed is very poor management of our lives.”

—Warren Buffett

“Especially favourable future prospects were regarded by shrewd investors as something to look for but not to pay for”

—Warren Buffett

“Loss of focus is what most worries Charlie and me when we contemplate investing in businesses that in general look outstanding. All too often, we’ve seen value stagnate in the presence of hubris or of boredom that caused the attention of managers to wander.”

—Warren Buffett

“What the wise man does in the beginning, the fool does in the end.”

—Warren Buffett

“Warren talks about these discounted cash flows. I’ve never seen him do one.”

—Charlie Munger

“Managers who want to expand their domain at the expense of owners might better consider a career in government.”

—Warren Buffett

“If options aren't a form of compensation, what are they? If compensation isn't an expense, what is it? And, if expenses shouldn't go into the calculation of earnings, where in the world should they go?”

—Warren Buffett

“No business can continue to shrink. That can only go on for so long before irrelevancy sets in.”

“Charlie and I would follow a buy-and-hold policy even if we ran a tax-exempt institution.”

—Warren Buffett

“Money is Like Cow Poop, it Does No Good Unless You Spread It Around”

—Warren Buffett

“It takes character to sit with all that cash and to do nothing. I didn't get top where I am by going after mediocre opportunities.”

—Charlie Munger

“We trade real estate for technology (which gets cheaper and more capable every year).”

“It’s not that I want money. It’s the fun of making money and watching it grow.”

—Warren Buffett

“For investors as a whole, returns decrease as motion increases.”

—Warren Buffett

“Our goal will be to acquire either part or all of businesses that we believe we understand, that have good, sustainable underlying economics, and that are run by managers whom we like, admire and trust.”

—Warren Buffett