“If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.”

— Warren Buffett

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“If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes.”

(August 30 , 1930 -- Present)
Meaning
This statement emphasizes that true investing is a long-term commitment to a business's growth rather than a short-term gamble on its price movements. It offers a psychological framework for building conviction, suggesting that if an asset isn't durable enough for a decade, it isn't worth a moment of your attention. In contemporary professional life, this applies to choosing career paths, building relationships, or starting projects that have the potential for lasting utility and legacy. This quote remains highly searchable because it serves as a reality check for a "get rich quick" culture that often prioritizes speed over sustainability. Buffett’s own portfolio is a testament to this, as he has held core positions in companies like Coca-Cola for over thirty years without selling. Practically, it teaches us to filter out temporary distractions and focus solely on high-quality commitments that will appreciate in value over time.
Warren Buffett
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Warren Buffett

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This quote is attributed to Warren Buffett. Warren Buffett is a widely quoted figure. Their most powerful quotes on life, success and human nature are collected here for daily inspiration and reflection.

This statement emphasizes that true investing is a long-term commitment to a business's growth rather than a short-term gamble on its price movements. It offers a psychological framework for building conviction, suggesting that if an asset isn't durable enough for a decade, it isn't worth a moment of your attention. In contemporary professional life, this applies to choosing career paths,…

The wording and attribution are documented at en.wikiquote.org. Use the original source linked on this page to verify the exact phrasing and context.

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