Famous quote by Warren Buffett

Mobile Desktop
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day
Like

"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"

- Warren Buffett

About this Quote

This quote by Warren Buffett suggests that he takes a long-lasting technique to purchasing the stock market. He is not wanting to make a fast profit, however rather to buy stocks that will be profitable over the long-lasting. He is also suggesting that financiers should be gotten ready for the possibility of the stock exchange closing for an extended amount of time. This is a pointer to financiers to be familiar with the threats connected with investing in the stock exchange and to be gotten ready for any potential market declines. Buffett's quote is a suggestion to financiers to be client and to concentrate on the long-term capacity of their financial investments.

About the Author

Warren Buffett This quote is written / told by Warren Buffett somewhere between August 30, 1930 and today. He was a famous Businessman from USA. The author also have 51 other quotes.

Go to author profile

Similar Quotes

Small: Prestige is the shadow of money and power - C. Wright Mills
C. Wright Mills
"Prestige is the shadow of money and power"
C. Wright Mills, Sociologist
Small: Better ones House be too little one day than too big all the Year after - Thomas Fuller
Thomas Fuller
"Better one's House be too little one day than too big all the Year after"
Thomas Fuller, Clergyman
Small: A bank is a place that will lend you money if you can prove that you dont need it - Bob Hope
Bob Hope
"A bank is a place that will lend you money if you can prove that you don't need it"
Bob Hope, Comedian
Small: You cant get rid of poverty by giving people money - P. J. ORourke
P. J. O'Rourke
"You can't get rid of poverty by giving people money"
P. J. O'Rourke, Journalist
Small: My sorrow, when shes here with me, thinks these dark days of autumn rain are beautiful as days can be she love
Robert Frost
"My sorrow, when she's here with me, thinks these dark days of autumn rain are beautiful as days can be; she loves the bare, the withered tree; she walks the sodden pasture lane"
Robert Frost, Poet
Small: Rest is not idleness, and to lie sometimes on the grass under trees on a summers day, listening to the murmur
"Rest is not idleness, and to lie sometimes on the grass under trees on a summer's day, listening to the murmur of the water, or watching the clouds float across the sky, is by no means a waste of time"
John Lubbock, Statesman
Small: There is only one day left, always starting over: it is given to us at dawn and taken away from us at dusk - J
Jean-Paul Sartre
"There is only one day left, always starting over: it is given to us at dawn and taken away from us at dusk"
Jean-Paul Sartre, Philosopher
Small: Economy does not lie in sparing money, but in spending it wisely - Thomas Huxley
Thomas Huxley
"Economy does not lie in sparing money, but in spending it wisely"
Thomas Huxley, Scientist
Small: Enjoy the little things, for one day you may look back and realize they were the big things - Robert Brault
Robert Brault
"Enjoy the little things, for one day you may look back and realize they were the big things"
Robert Brault, Philosopher
Small: Given the choice, children who dont want for anything will not save... We have an obligation as parents to giv
Barbara Coloroso
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
Barbara Coloroso, Author