Warren Buffett’s quotes on investing aren’t much different than the 10 commandments. Billionaire Warren Buffett is one of the most-followed investors and almost his every word is scrutinized, as people are trying to get some insights into his thought process in picking stocks and assessing the strength of companies and the economy in general.
For example, Buffett is not very worried about Donald Trump in the White House, as he has said that it is not important who holds the top office in Washington, since it is set to change every four or eight years. Moreover, he has said earlier this year that he bought more stock after the election, with Apple Inc. (NASDAQ:AAPL) being one company in which Berkshire Hathaway boosted its position (see article). In an interview with Fortune last year, Buffett said “long term, the stock market is going to be higher and I’ve written that many times.”
For those that follow Warren Buffett’s investment advice know that one of his principles is that his “favorite holding period is forever” and he has followed it religiously. Of course, this does not mean that Warren never sells any shares but his idea is to stay unnerved during minor hiccups that the stock market is subjected to and that are the real reason for his success. Therefore, the investor believes in owning stocks and not in their trading. He is not much perturbed by any short changes that the stock market might be subjected to. When asked about the impact of the potential policy changes that might be brought by the Trump administration, Buffett told Fortune that he was not looking at any policy changes. “I don’t know what the market’s going to do. Never have, never will,” he said. This shows his conviction in the fact that the future of stock prices are not dependent on the Presidents as they come and go.
Over the years, Buffett invested in a few companies whose shares skyrocketed very quickly. However, he mostly has followed the strategy of investing in wide-moat companies that are paying generous dividends. Among his largest holdings are Wells Fargo & Co (NYSE:WFC), International Business Machines Corp. (NYSE:IBM), the Coca-Cola Co (NYSE:KO), General Motors Company (NYSE:GM), and Phillips 66 (NYSE:PSX).
The genius that Warren Buffett is has earned him the nickname ‘Oracle of Omaha’ and he has dispensed some very useful and interesting advice to all those that are interested in listening to him. With this in mind, we have compiled a list of 16 quotes that Warren Buffett said about investing.