If you own a wonderful business...the best thing to do is…
“If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Holding onto a successful business is better than selling it for cash, which brings tax and reinvestment challenges.
In simple terms: Keep a good business, don’t sell.
Key Takeaway
Preserve valuable assets.
Themes
investment
business
taxes
Mood
pragmatic
advisory
Type
financial
strategic
When to use this quote
- selling decisions
- tax planning
- business growth
- portfolio management
- risk assessment
Key Concepts
value preservation
capital allocation
Questions to Reflect On
- When is selling justified?
- How to evaluate long‑term value?
A Different Perspective
Selling may free capital for better opportunities.