Quotation by

Warren Buffett

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 Buffett

Money

Understanding this quote AI Analysis

Warren Buffett is saying that when he invests in stocks, he chooses companies he believes will do well over a long period, not just for quick profits. He treats his purchases as if he might have to keep them for years without selling, focusing on their lasting value.

More by this author

All quotes by Warren Buffett →

More quotes about Money

See all →

People look at me, and they go, 'You're white, you're smart, you must have went to college. You must have grown up with money.'

The fellow that has no money is poor. The fellow that has nothing but money is poorer still.

Kids are meant to believe that their stepping stone to massive money is 'The X Factor.' Luck is great, but most of life is hard work. We do not celebrate people who have made success out of serious h…

Because I don't take money, I'll go anywhere and do a benefit concert with almost any orchestra.

Nothing except the mint can make money without advertising.

Thankfully, due to the United Kingdom and the commitment of the Westminster government we are able to ensure that money brought in, whether it be from the City of London or from North Sea oil, can be…