Assumption Quote 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.”
About This Quote
Source Interview: CNBC, 2013
Advises against speculative stock trading, emphasizing long-term holding and market unpredictability.
In simple terms: Avoid speculative trading.
Key Takeaway
Invest for the long term.
Themes
investment
patience
market risk
Mood
pragmatic
cautious
Type
financial
advisory
When to use this quote
- retirement planning
- portfolio diversification
- financial education
Key Concepts
Finance
value investing
risk management
Questions to Reflect On
- Why is patience crucial in investing?
- How to balance risk and reward?
A Different Perspective
Market timing is unreliable.
