Our favorite holding period is forever.
More Quotes from Warren Buffett:I think it is a marvelous way to keep directors' interests and shareholders interests as closely aligned as possible, with both an upside and a downside component. Too often, people talk about interests being aligned when the directors get the upside and shareholders get the downside.
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.
Despite the lack of precedent, a negative coupon security seemed possible in the present interest rate environment ... I asked Goldman Sachs to create such an instrument and they responded promptly with the innovative security being announced today.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.
Right now, the rest of the world owns 3 trillion US more of us than we own of them.
In the business world, the rearview mirror is always clearer than the windshield.
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I was never into the Bluegrass, Bill Monroe and stuff like that.
Good manners will open doors that the best education cannot.