Admire Quote by Warren Buffett
“I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholder Meeting, 2005
He prefers to keep a well‑run business he respects rather than sell it for a high price, though occasional unit sales may occur under certain conditions.
In simple terms: He values ownership and respect over quick profit.
Key Takeaway
Consider long‑term value versus short‑term gain.
Themes
business
ethics
ownership
valuation
strategy
Mood
reflective
pragmatic
Type
advisory
philosophical
When to use this quote
- selling a subsidiary
- evaluating offers
- maintaining control
- strategic pivot
Key Concepts
shareholder value
opportunity cost
strategic divestiture
Questions to Reflect On
- What would make you sell a beloved business?
- How do you balance pride and profit?
A Different Perspective
May overlook potential benefits of strategic sales.
