Warren Buffett Quote – Look For Quality, be Cautious
“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 Buffet
Warren Buffet is pretty consistent in his philosophies, similarly quoted saying, “If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes”. Now, many of us are not players in the stock market, that is just fine, the quote can still apply to you. Look for quality stock, whether it be financial stock, or human stock (friends). If you aren’t willing to hold onto it/them for at least a few years, then they may not be worth your time invested in the first place.
Let’s all look for some quality ‘stock’!
Just as important as the need for gratefulness when money is made, is the need to not chase it. Going out there expressly for the purpose of making money is the surest way to chase and never actually catch.