"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years"

This quote by Warren Buffett is a pointer to be conscious of the investments we make. It encourages us to think long-term and to only buy something that we would be comfortable with for an extended period of time. It recommends that we must not be swayed by short-term market trends, but rather concentrate on investments that have the potential to provide long-lasting value. This quote also encourages us to be client and to think carefully before making any investment choices. By following this suggestions, we can guarantee that our financial investments are sound which we are not taking unnecessary dangers. Eventually, this quote is a suggestion to be prudent and to think carefully before investing in anything.