I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
More Quotes from Warren Buffett:
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.Warren Buffett
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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The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves-and the better the teacher, the better the student body.
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When you combine ignorance and leverage, you get some pretty interesting results.
Warren Buffett
There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
Warren Buffett
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