K. ChrisbacherAlways have a plan, but be prepared to change it at any given moment.
About This Quote
Warren Buffett, the Warren Buffett is a stock investor who made his fortune by buying shares of companies at low prices and waiting for good returns. By good returns he means higher returns than the cost of the shares of stocks bought at low prices. His shares are never sold until he is convinced that they are worth more than their original purchase price. This is because when they are sold, they will produce enough money to pay back the money invested in them.
He does not plan to sell them just because he feels like it. Instead, he plans to sell them when they are worth more than their original purchase price.
Source: The Last Innocent
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