--- title: "Meaning & Key Takeaway of: Our policy is to concentrate holdings. We…" description: "\"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 ..." image: "https://sms4smile.com/quotes/i/609/warren-buffett-183_amount_our-policy-is-to-concentrate-holdings-we_490621.png" --- # Our policy is to concentrate holdings. We try to avoid… ![“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.” quote by Warren Buffett](https://sms4smile.com/quotes/i/609/warren-buffett-183_amount_our-policy-is-to-concentrate-holdings-we_490621.png) [Download](https://sms4smile.com/quotes/i/609/warren-buffett-183_amount_our-policy-is-to-concentrate-holdings-we_490621.png) [Open image](https://sms4smile.com/quotes/i/609/warren-buffett-183_amount_our-policy-is-to-concentrate-holdings-we_490621.png) > “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.” [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Focus on deep, sizable investments rather than scattered, lukewarm positions. **In simple terms:** Invest big in what you truly believe in. Key Takeaway Commit fully to high‑conviction ideas. Themes investment focus conviction Mood cautious strategic Type business financial When to use this quote - stock selection - asset allocation - long‑term growth Key Concepts value investing portfolio concentration Questions to Reflect On - How do you assess conviction level? - When is diversification preferable? A Different Perspective Diversification can protect against unknown risks. ★ ★ ★ ★ ★ No ratings yet [Amount](https://sms4smile.com/quotes/about/amount/) [Attractiveness](https://sms4smile.com/quotes/about/attractiveness/) [Believe](https://sms4smile.com/quotes/about/believe/) [Believe Buying](https://sms4smile.com/quotes/about/believe-buying-1720064/) [Buying](https://sms4smile.com/quotes/about/buying/) [Buying Little](https://sms4smile.com/quotes/about/buying-little-3323289/) [Buying Worthwhile](https://sms4smile.com/quotes/about/buying-worthwhile-4198532/) [Concentrate Holdings](https://sms4smile.com/quotes/about/concentrate-holdings-4198530/) [Convinced](https://sms4smile.com/quotes/about/convinced/) [Customer](https://sms4smile.com/quotes/about/customer/) [Diversification](https://sms4smile.com/quotes/about/diversification/) [Holdings Try](https://sms4smile.com/quotes/about/holdings-try-4198534/) [Investing](https://sms4smile.com/quotes/about/investing/) [Littles](https://sms4smile.com/quotes/about/littles/) [Lukewarm](https://sms4smile.com/quotes/about/lukewarm/) [Policy](https://sms4smile.com/quotes/about/policy/) [Trying](https://sms4smile.com/quotes/about/trying/) [Worthwhile](https://sms4smile.com/quotes/about/worthwhile/) ## Related quotes > [If we could just go back the last two or three years and do our buying a little more carefully, why... we would be…](https://sms4smile.com/quotes/will-rogers/if-we-could-just-go-back-the-last-two-or-three-years-and-do-our/) [Will Rogers](https://sms4smile.com/quotes/author/will-rogers/) > [It was P-O-T, I do believe, but it was not mine...It was a very tiny amount. 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I truly believe in buying a few pieces with better construction.](https://sms4smile.com/quotes/stacy-london/less-is-more-i-truly-believe-in-buying-a-few-pieces-with-better/) [Stacy London](https://sms4smile.com/quotes/author/stacy-london/) > [... but the important thing is that when you do find one where you really do know what you are doing, you must buy…](https://sms4smile.com/quotes/warren-buffett/but-the-important-thing-is-that-when-you-do-find-one-where-you-really/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Diversification is protection against ignorance. 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Many pundits would therefore say the strategy must be riskier than that employed by…](https://sms4smile.com/quotes/warren-buffett/the-strategy-we-ve-adopted-precludes-our-following-standard/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do…](https://sms4smile.com/quotes/warren-buffett/risk-comes-from-not-knowing-what-you-are-doing-so-wide/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that…](https://sms4smile.com/quotes/warren-buffett/if-you-know-how-to-value-businesses-it-s-crazy-to-own-50-stocks-or-40/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.](https://sms4smile.com/quotes/warren-buffett/diversification-is-a-protection-against-ignorance-it-makes-very/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## More by Warren Buffett > [To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. 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We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I don't measure my life by the money I've made. 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