“Buy into a company because you want to own it, not because you want the stock to go up.”
Interview in Forbes magazine (1 November 1974)
Context: Draw a circle around the businesses you understand and then eliminate those that fail to qualify on the basis of value, good management and limited exposure to hard times. … Buy into a company because you want to own it, not because you want the stock to go up. … People have been successful investors because they've stuck with successful companies. Sooner or later the market mirrors the business.
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Warren Buffett 146
American business magnate, investor, and philanthropist 1930Related quotes
Daily Telegram #1019, Thoughts Of Will Rogers On The Late Slumps In Stocks (31 October 1929)
Daily telegrams
2014, Young Southeast Asian Leaders Initiative Town Hall (April 2014)
Context: And when I think back to my journey, my past, I think the most important thing for -- and maybe the most important thing for all the young people here -- is to realize that you really can have an impact on the world; you can achieve your dreams. But in order to do so, you have to focus not so much on a title or how much money you’re going to make, you have to focus more on what kind of influence and impact are you going to have on other people’s lives -- what good can you do in the world. Now, that may involve starting a business, but if you want to start a business you should be really excited about the product or the service that you’re making. It shouldn’t just be how much money I can make -- because the business people who I meet who do amazing things, like Bill Gates, who started Microsoft -- they’re usually people who are really interested in what they do and they really think that it can make a difference in people’s lives. If you want to go into government, you shouldn’t just want to be a particular government official. You should want to go into government because you think it can help educate some children, or it can help provide jobs for people who need work. So I think the most important thing for me was when I started thinking more about other people and how I could have an impact in my larger society and community, and wasn’t just thinking about myself. That’s when I think your dreams can really take off -- because if you’re only thinking about you, then your world is small; if you‘re thinking about others, then your world gets bigger.
"Here And Hereafter" - Live performance, Santa Cruz, CA (9 June 2001) http://www.youtube.com/watch?v=PFlk0MJez_g
Find Me (2007)
“That boy is your company. And if he wants to eat up that tablecloth, you let him, you hear?”
Source: To Kill a Mockingbird