Previous Quote
Quote By Warren Buffett
Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
Renowned American Investor and Chairman of Berkshire Hathaway
Born: August 30, 1930
Warren Buffett, the legendary investor, exemplifies timeless wisdom in finance, amassing immense wealth through his prudent and patient approach to investing.
Explanation Of The Quote
This quote encourages investors to approach stock investments with the same level of care and understanding as they would when buying a home. It stresses the importance of thoroughly evaluating and having confidence in the underlying business or asset, regardless of short-term market fluctuations.