Quote #58

'Our favourite holding period is forever.' Letter to Berkshire Hathaway shareholders, 1988

More from Warren Buffett

  1. 'You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right-…
  2. 'When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of…
  3. 'It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.'
  4. 'Risk comes from not knowing what you're doing.'
  5. 'Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.'
  6. 'If you don't know jewellery, know the jeweller.'
  7. 'I'd be a bum on the street with a tin cup if the markets were always efficient.'
  8. 'If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.'

All Warren Buffett quotes