"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"
- Warren Buffett
About this Quote
This quote by Warren Buffett suggests that he takes a long-lasting technique to purchasing the stock market. He is not wanting to make a fast profit, however rather to buy stocks that will be profitable over the long-lasting. He is also suggesting that financiers should be gotten ready for the possibility of the stock exchange closing for an extended amount of time. This is a pointer to financiers to be familiar with the threats connected with investing in the stock exchange and to be gotten ready for any potential market declines. Buffett's quote is a suggestion to financiers to be client and to concentrate on the long-term capacity of their financial investments.