When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.
WB
Warren BuffettBerkshire Hathaway shareholder letter (1988)
About Warren Buffett
Chairman of Berkshire Hathaway and one of the most successful investors in history. (b. 1930)
More from Warren Buffett
- Price is what you pay; value is what you get.Berkshire Hathaway shareholder letter (2008)
- We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.Berkshire Hathaway shareholder letter (1986)
- You only find out who is swimming naked when the tide goes out.Berkshire Hathaway shareholder letter (2001)
- It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.Berkshire Hathaway shareholder letter (1989)
- Time is the friend of the wonderful business, the enemy of the mediocre.Berkshire Hathaway shareholder letter (1989)
- Someone's sitting in the shade today because someone planted a tree a long time ago.Statement (1991), quoted in Of Permanent Value by Andrew Kilpatrick
More quotes on money and business
- How many things I have no need of!Socrates
- Those who want fewest things are nearest to the Gods.Socrates
- He who knows that enough is enough will always have enough.Lao Tzu
- The more he does for others, the happier he is. The more he gives to others, the wealthier he is.Lao Tzu
- It is not the man who has too little, but the man who craves more, that is poor.Seneca
- Rather than love, than money, than fame, give me truth.Henry David Thoreau
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