Warren Buffett says

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

—Warren Buffett

This quote is part of:

Quotes on Investing Warren Buffett on Investing

More on this...

“The most important investment you can make is in yourself.”

—Warren Buffett

“In the long run managements stressing accounting appearance over economic substance usually achieve little of either.”

—Warren Buffett

“There is no tougher job in corporate America than running an airline: Despite the huge amounts of equity capital that have been injected into it, the industry, in aggregate, has posted a net loss since its birth after Kitty Hawk. Airline managers need brains, guts, and experience—and”

—Warren Buffett

“A good business is not always a good purchase - although it's a good place to look for one.”

—Warren Buffett

“Don't work for money, make money work for you.”

—Warren Buffett

“If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.”

—Warren Buffett

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

—Charlie Munger

“There's never just one cockroach in the kitchen.”

—Warren Buffett

“For these investors, it would have been far better if Orville had failed to get off the ground at Kitty Hawk: The more the industry has grown, the worse the disaster for owners.”

—Warren Buffett

“In the world of business, the people who are most successful are those who are doing what they love.”

—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

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

—Warren Buffett

“Writing a check separates a commitment from a conversation.”

—Warren Buffett

“For Buffett, managers are stewards of shareholder capital. The best managers think like owners in making business decisions.”

—Warren Buffett

“Buy the dip.”

—Warren Buffett