"Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Businesspeople from the United StatesPhilanthropists from the United StatesAgnostics from the United StatesPeople from OmahaCompany founders
Original Language: English
Available Languages (1)
Sources
1998 Berkshire Hathaway Annual Meeting, as quoted in The Essays of Warren Buffett : Lessons for Corporate America (1998), p. 92
https://en.wikiquote.org/wiki/Warren_Buffett
Revision History
No revisions have been submitted for this quote.
Categories
Warren Buffett
US-amerikanischer Unternehmer
135 quotes on TrueQuotesView all quotes by Warren Buffett →
Related Quotes
"Buffett, one of the richest men in the world and a vocal supporter of higher taxes on the rich, also is making use of…"
"Buffett had invited me to Omaha to discuss tax policy. More specifically, he wanted to know why Washington continued …"
"Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."
"Boy, if he doesn't give capitalism a good name, who does?"
"Buffett does not believe that it is wise to bequeath great wealth and plans to give most of his money to his charitab…"
"Buffett believes the most important quality for an investor is temperament, not intellect. A successful investor does…"
"There's no question that trade can be an act of war, and I think it's led to bad things like the attitudes it's broug…"
"Chains of habit are too light to be felt until they are too heavy to be broken."
"Buy stock in a business that's so good that an idiot can run it, because sooner or later one will."
"I asked Buffett how many of his fellow billionaires shared his views. He laughed. “I’ll tell you, not very many,” he …"