Assets Quote by Warren Buffett
“If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.”
About This Quote
Investors focus on intrinsic value, while speculators chase price movements; the former seeks lasting returns.
In simple terms: Investors look at value, speculators at price.
Prioritize long‑term value over short‑term price swings.
Themes
Mood
Type
When to use this quote
- portfolio construction
- market analysis
- trading decisions
- financial planning
Key Concepts
Questions to Reflect On
- How does focusing on value affect risk tolerance?
- When might short‑term trading be appropriate?
Speculation can provide liquidity and price discovery.