Warren Buffett has stayed invested for over eight decades now, making him an influential figure in the stock market. The majority of investors take inspiration from him in their financial journey, listening to his quotes and financial wisdom.
The self-made billionaire has guided several investors into the path of trading by providing insights on how the market functions. In this article, we will highlight the 10 best quotes from Warren Buffett that can help you in your financial journey.
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Warren Buffett’s 10 Best Inspirational Quotes on Finances & Investments
- “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”
- “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”
- “Our favourite holding period is forever.”
- “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”
- “The most important thing to do if you find yourself in a hole is to stop digging.”
- “Never invest in a business you cannot understand.”
- “The best chance to deploy capital is when things are going down.”
- “The most important quality for an investor is temperament, not intellect.”
- “We don’t have to be smarter than the rest. We have to be more disciplined than the rest.”
- “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
The quotes and financial wisdom from Warren Buffett are pretty clear: stay invested in the long-term or simply don’t enter the stock market. Remain focused for the long term, as that is where the real wealth is. In addition, the ace billionaire states that stock market trading is more about your mental ability to handle failures than successes. If these 10 quotes from Warren Buffett are put into action in real time, the sky is the limit.