Warren Buffett Investment Advice & How To Manage Your Portfolio

Warren Buffett Investment Advice

“Don’t watch the market closely,” he advised those worried about their retirement savings at the time. ”

“As long as you are invested appropriately for your goals, stay away from your investment portfolio,” he says.

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”

“When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.”
“Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that are not reportable by us under standard accounting principles than to purchase $1 of earnings that are reportable.”
“You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.”
“Do not take yearly results too seriously. Instead, focus on four or five-year averages.”
“Focus on return on equity, and not earnings per share.”
“Turnarounds seldom turn.”