CNBC had Warren Buffett on this morning (The first business day after his latest Letter to Shareholders), and he did not disappoint. Here was one of my favorite clips I saw:
Warren Buffett’s 5 tips for long term investors (Quotes below):
- “What’s going to happen within a day or a week or a month or a year even, I never felt that I knew it and I never felt that it was important.”
- “We are a more aggressive buyer when they are going down – I feel much better when they are going down.”
- “Every business should be run as efficiently as possible…we buy the ones that are”
- “I bought my first stock in April of 1942, I was 11, Pearl Harbor had happened 3 or 4 months earlier – we were losing the war! I mean you want to talk about a bad outlook for the country….”
- “The country will grow in value over time, now who gets it, that’s the question.”
