Warren Buffett on long-term investing

Private Property South Africa
Cathy Nolan

Some wise words from Warren Buffett, which apply to investing in property as much as they do to stocks.

“Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, 10 and 20 years from now. Over time, you will find only a few companies that meet these standards – so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: if you aren’t willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.”

Looking to sell your home?
Advertise your property to millions of interested buyers by listing with Private Property now!
List your home privately

Share:

Found this content useful?

Get the best of Private Property's latest news and advice delivered straight to your inbox each week

Related Articles

The key to successful property investment
Understanding when, where and how to invest is the key to building a strong property portfolio and becoming financially independent
How, and why, to start investing in listed property
Statistics from the ASSOCIATION FOR SAVINGS and INVESTMENT SA show inflows of R4.6-billion into local property unit trusts for the year ended March 2011. Foreign investors are keen to get their hands on SA’s property stocks, and ...
6 tips for the first-time investor
1. Go for capital growth This is the most important consideration when buying an investment property. Capital growth will increase your equity or “net worth” more quickly than home loan repayments alone. Research annual median ...
;