Amount Quote by Warren Buffett
“Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.”
About This Quote
Source Speech: Berkshire Hathaway Annual Shareholders Meeting, 2008
Focus on deep, sizable investments rather than scattered, lukewarm positions.
In simple terms: Invest big in what you truly believe in.
Commit fully to high‑conviction ideas.
Themes
Mood
Type
When to use this quote
- stock selection
- asset allocation
- long‑term growth
Key Concepts
Questions to Reflect On
- How do you assess conviction level?
- When is diversification preferable?
Diversification can protect against unknown risks.