Warren Buffett: Own Stock 10 Years
on Sunday, March 21, 2021Warren Buffett Money Quote saying it is best to invest for the long term to be successful at investing. Warren Buffett said:
“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” — Warren Buffett
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He’s suggesting that if you’re not willing to hold onto a stock for a long period of time, then you shouldn’t even consider buying it in the first place. He believes that long-term investing is the key to success in the stock market.
By holding onto a stock for ten years, you’ll be able to ride out any short-term fluctuations and potentially benefit from the company’s long-term growth. Does that make sense?