Attractive Quote by Warren Buffett
“I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest running stock in the Dow Jones industrial average. It will be 100 years now it will be around. I hope I'm around then, too. And it was an attractive investment. And we have had a lot of money around, over the last two years, and we're seeing things that are attractive now.”
About This Quote
Source Interview: CNBC, 2023
Long‑standing companies can be attractive investments, but future success isn’t guaranteed.
In simple terms: Old firms may be good bets.
Key Takeaway
Assess durability of business models.
Themes
investment
legacy
uncertainty
Mood
cautious
analytical
Type
financial
strategic
When to use this quote
- stock analysis
- retirement planning
- portfolio diversification
Key Concepts
value investing
market cycles
Questions to Reflect On
- How do you evaluate a company's future relevance?
- What risks do you see in long‑term holdings?
A Different Perspective
Past performance may not predict future results.
