--- title: "10 Minutes Quotes By Warren Buffett" description: "10 Minutes quotes by Warren Buffett. Plus more from Warren Buffett and more Minutes sayings from other authors." image: "https://sms4smile.com/quotes/i/5c0/warren-buffett-183_comfortable_if-you-don-t-feel-comfortable-owning-som_1917122.png" --- > [If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.](https://sms4smile.com/quotes/warren-buffett/if-you-don-t-feel-comfortable-owning-something-for-10-years-then-don/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/5c0/warren-buffett-183_comfortable_if-you-don-t-feel-comfortable-owning-som_1917122.png) > [If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering…](https://sms4smile.com/quotes/warren-buffett/if-when-making-a-stock-investment-you-re-not-considering-holding-it/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/733/warren-buffett-183_considering_if-when-making-a-stock-investment-you-re_1300683.png) > [If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.](https://sms4smile.com/quotes/warren-buffett/if-you-are-not-willing-to-own-a-stock-for-10-years-do-not-even-think/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/ad4/warren-buffett-183_ifs_if-you-are-not-willing-to-own-a-stock-fo_1450337.png) > [It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in…](https://sms4smile.com/quotes/warren-buffett/it-takes-150-years-to-build-an-investment-bank-and-only-five-minutes/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/f4b/warren-buffett-183_convince_it-takes-150-years-to-build-an-investmen_2315756.png) > [Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just…](https://sms4smile.com/quotes/warren-buffett/yeah-we-don-t-consider-many-stupid-things-i-mean-we-get-rid-of-em/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/148/warren-buffett-183_ems_yeah-we-don-t-consider-many-stupid-thing_2288155.jpg) > [Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's…](https://sms4smile.com/quotes/warren-buffett/confidence-in-markets-and-in-institutions-it-s-a-lot-like-oxygen-when/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/68b/warren-buffett-183_confidence_confidence-in-markets-and-in-institution_269485.png) > [It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market…](https://sms4smile.com/quotes/warren-buffett/it-s-got-to-be-the-best-intellectual-exercise-out-there-you-re-seeing/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/035/warren-buffett-183_being-the-best_it-s-got-to-be-the-best-intellectual-exe_2454539.png) > [“I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of…](https://sms4smile.com/quotes/warren-buffett/i-could-end-the-deficit-in-five-minutes-you-just-pass-a-law-that-says/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/742/warren-buffett-183_congress_i-could-end-the-deficit-in-five-minutes_445619.png) > [If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together…](https://sms4smile.com/quotes/warren-buffett/if-you-aren-t-willing-to-own-a-stock-for-ten-years-don-t-even-think/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/71b/warren-buffett-183_buffets_if-you-aren-t-willing-to-own-a-stock-for_2880433.png) > [I mean you know at midnight everything is going to turn to pumpkins and mice; right? But if the evening goes along,…](https://sms4smile.com/quotes/warren-buffett/i-mean-you-know-at-midnight-everything-is-going-to-turn-to-pumpkins/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Image](https://sms4smile.com/quotes/i/e17/warren-buffett-183_clock_i-mean-you-know-at-midnight-everything-i_2284861.png) ## Other authors on Minutes ## More by Warren Buffett > [To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual…](https://sms4smile.com/quotes/warren-buffett/to-invest-successfully-over-a-lifetime-does-not-require-a/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“Be fearful when others are greedy, and be greedy when others are fearful.”](https://sms4smile.com/quotes/warren-buffett/be-fearful-when-others-are-greedy-and-be-greedy-when-others-are/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.](https://sms4smile.com/quotes/warren-buffett/making-money-isn-t-the-backbone-of-our-guiding-purpose-it-is-the-by/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are…](https://sms4smile.com/quotes/warren-buffett/we-set-no-volume-goals-in-our-insurance-business-generally-and/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [It is better to point out your own mistakes than have somebody else do it.](https://sms4smile.com/quotes/warren-buffett/it-is-better-to-point-out-your-own-mistakes-than-have-somebody-else/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're…](https://sms4smile.com/quotes/warren-buffett/i-ve-read-about-all-the-sales-today-if-you-re-an-auto-dealer-you-re/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I was lucky enough to be born in a time and place where society values my talent, and gave me a good education to…](https://sms4smile.com/quotes/warren-buffett/i-was-lucky-enough-to-be-born-in-a-time-and-place-where-society/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've…](https://sms4smile.com/quotes/warren-buffett/i-mean-the-truth-is-i-ve-never-had-it-so-good-in-terms-of-taxes-i-am/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…](https://sms4smile.com/quotes/warren-buffett/the-most-important-quality-for-an-investor-is-temperament-not/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/minutes/warren-buffett/#itemlist", "name": "10 Minutes Quotes By Warren Buffett", "numberOfItems": 10, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/if-you-don-t-feel-comfortable-owning-something-for-10-years-then-don/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5c0/warren-buffett-183_comfortable_if-you-don-t-feel-comfortable-owning-som_1917122.png", "contentUrl": "https://sms4smile.com/quotes/i/5c0/warren-buffett-183_comfortable_if-you-don-t-feel-comfortable-owning-som_1917122.png", "url": "https://sms4smile.com/quotes/i/5c0/warren-buffett-183_comfortable_if-you-don-t-feel-comfortable-owning-som_1917122.png", "width": 1080, "height": 1080, "caption": "“If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/if-when-making-a-stock-investment-you-re-not-considering-holding-it/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/733/warren-buffett-183_considering_if-when-making-a-stock-investment-you-re_1300683.png", "contentUrl": "https://sms4smile.com/quotes/i/733/warren-buffett-183_considering_if-when-making-a-stock-investment-you-re_1300683.png", "url": "https://sms4smile.com/quotes/i/733/warren-buffett-183_considering_if-when-making-a-stock-investment-you-re_1300683.png", "width": 1080, "height": 1080, "caption": "“If, when making a stock investment, you're not considering holding it at least ten years, don't waste more…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/if-you-are-not-willing-to-own-a-stock-for-10-years-do-not-even-think/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ad4/warren-buffett-183_ifs_if-you-are-not-willing-to-own-a-stock-fo_1450337.png", "contentUrl": "https://sms4smile.com/quotes/i/ad4/warren-buffett-183_ifs_if-you-are-not-willing-to-own-a-stock-fo_1450337.png", "url": "https://sms4smile.com/quotes/i/ad4/warren-buffett-183_ifs_if-you-are-not-willing-to-own-a-stock-fo_1450337.png", "width": 1080, "height": 1080, "caption": "“If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/it-takes-150-years-to-build-an-investment-bank-and-only-five-minutes/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f4b/warren-buffett-183_convince_it-takes-150-years-to-build-an-investmen_2315756.png", "contentUrl": "https://sms4smile.com/quotes/i/f4b/warren-buffett-183_convince_it-takes-150-years-to-build-an-investmen_2315756.png", "url": "https://sms4smile.com/quotes/i/f4b/warren-buffett-183_convince_it-takes-150-years-to-build-an-investmen_2315756.png", "width": 1080, "height": 1080, "caption": "“It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "Yeah, we don't consider many stupid things. 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You're doing calculations all the time.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/it-s-got-to-be-the-best-intellectual-exercise-out-there-you-re-seeing/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/035/warren-buffett-183_being-the-best_it-s-got-to-be-the-best-intellectual-exe_2454539.png", "contentUrl": "https://sms4smile.com/quotes/i/035/warren-buffett-183_being-the-best_it-s-got-to-be-the-best-intellectual-exe_2454539.png", "url": "https://sms4smile.com/quotes/i/035/warren-buffett-183_being-the-best_it-s-got-to-be-the-best-intellectual-exe_2454539.png", "width": 1080, "height": 1080, "caption": "“It's got to be the best intellectual exercise out there. 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You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.”", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/i-could-end-the-deficit-in-five-minutes-you-just-pass-a-law-that-says/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/742/warren-buffett-183_congress_i-could-end-the-deficit-in-five-minutes_445619.png", "contentUrl": "https://sms4smile.com/quotes/i/742/warren-buffett-183_congress_i-could-end-the-deficit-in-five-minutes_445619.png", "url": "https://sms4smile.com/quotes/i/742/warren-buffett-183_congress_i-could-end-the-deficit-in-five-minutes_445619.png", "width": 1080, "height": 1080, "caption": "“I could end the deficit in five minutes. 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Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.", "creator": { "@type": "Person", "name": "Warren Buffett" }, "url": "https://sms4smile.com/quotes/warren-buffett/if-you-aren-t-willing-to-own-a-stock-for-ten-years-don-t-even-think/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/71b/warren-buffett-183_buffets_if-you-aren-t-willing-to-own-a-stock-for_2880433.png", "contentUrl": "https://sms4smile.com/quotes/i/71b/warren-buffett-183_buffets_if-you-aren-t-willing-to-own-a-stock-for_2880433.png", "url": "https://sms4smile.com/quotes/i/71b/warren-buffett-183_buffets_if-you-aren-t-willing-to-own-a-stock-for_2880433.png", "width": 1080, "height": 1080, "caption": "“If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put…” — Warren Buffett", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "I mean you know at midnight everything is going to turn to pumpkins and mice; right? But if the evening goes along, I mean, you know, the guys look better all the time, the music sounds better, it's more and more fun, you think why the hell should I leave at quarter of 12. I'll leave at two minutes to 12. But the trouble is, there are no clocks on the wall. 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