Action Quote by Warren Buffett
“You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.”
About This Quote
Source Letter: Berkshire Hathaway annual shareholder letter, 1990s
Investors should view holdings as businesses, not short‑term stock price fluctuations, focusing on long‑term performance.
In simple terms: Treat stocks as businesses, ignore short‑term moves.
Key Takeaway
Invest for the long term.
Themes
investment
patience
value investing
Mood
pragmatic
steady
Type
educational
inspirational
When to use this quote
- stock analysis
- financial planning
- portfolio management
- risk assessment
Key Concepts
Business fundamentals
compound growth
Questions to Reflect On
- How do you evaluate a business’s long‑term prospects?
- What signs indicate a company may falter despite past success?
A Different Perspective
Short‑term volatility can still impact cash flow.
