Business Quote by Warren Buffett
“The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that's the greatest mistake that investors make because it's always uncertain. People say it's a time of uncertainty. It was uncertain on September 10th, 2001, people just didn't know it. It's uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared, they pay less for things. We try to price. We don't try to time at all.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholders Meeting, 2023
Investors should accept uncertainty as inherent, using it to find value rather than trying to predict markets.
In simple terms: Uncertainty can be an advantage in investing.
Key Takeaway
Embrace uncertainty, focus on value.
Themes
investment strategy
risk management
behavioral finance
market cycles
Mood
cautious
analytical
Type
financial
strategic
When to use this quote
- stock selection
- portfolio diversification
- long‑term holding
- market timing avoidance
Key Concepts
Value investing
psychology of fear
price volatility
Questions to Reflect On
- How can you turn market fear into buying opportunities?
- What metrics help you stay disciplined?
A Different Perspective
Timing markets is nearly impossible; over‑reliance on forecasts can cause losses.
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