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You Should Look At Stocks As Small Pieces Of Business.
-Warren Buffett
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You Should Look At Stocks
Warren Buffett
You Should Look At Stocks As Small Pieces Of Business.
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More From Warren Buffett
We Will Continue To Ignore Political And Economic Forecasts, Which Are An Expensive Distraction For Many Investors And Businessmen. Thirty Years Ago, No One Could Have Foreseen The Huge Expansion Of The Vietnam War, Wage And Price Controls, Two Oil Shocks, The Resignation Of A President, The Dissolution Of The Soviet Union, A One-day Drop In The Dow Of 508 Points, Or Treasury Bill Yields Fluctuating Between 2.8% And 17.4%.
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The Same Things Happen To Quite An Extent Around The Globe. I Mean, The European Banks Were Doing What The American Banks Were.
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It Is Madness To Risk Losing What You Need In Pursuing What You Simply Desire.
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In The End We Must Have People To Match Our Principles, Not The Reverse.
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I've Made Money Over The Years By Buying Into Good Companies, Run By Good People, At Attractive Prices. And I Don't Try And Make It Out Of Buying Into The Market At One Point And Selling At Another Point.
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