Buying Quote by Warren Buffett
“I think you'll have plenty of scrutiny as how the money's invested. I mean, just like the RFC. When the RFC operated, people knew which institutions they were buying preferred stock in. And it worked very well.”
About This Quote
Source Speech: Berkshire Hathaway Annual Meeting, 1995
He likens investment scrutiny to transparent RFC processes, where investors know the institutions they support.
In simple terms: Transparency in investing builds trust.
Demand clarity in investments.
Themes
Mood
Type
When to use this quote
- portfolio management
- due diligence
- stock selection
Key Concepts
Questions to Reflect On
- How can investors verify where their money goes?
- What mechanisms ensure accountability?
Full transparency may be impractical in complex markets.