He also is a huge believer in patience. Basically – don’t trade, invest. Find companies you like, and wait for the right price. It has been said that Buffett has a list of hundreds of companies that he wants to invest in, but that he is waiting for the right price and opportunity. The last time he went on a buying spree was the Great Recession, when stock prices tanked. He was able to scoop up deals and get in on prices that made him get great returns in the following years.
Buffett is a true buy and hold investor. He holds his
He also is a huge believer in patience. Basically – don’t trade, invest. Find companies you like, and wait for the right price. It has been said that Buffett has a list of hundreds of companies that he wants to invest in, but that he is waiting for the right price and opportunity. The last time he went on a buying spree was the Great Recession, when stock prices tanked. He was able to scoop up deals and get in on prices that made him get great returns in the following years.
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