Quote by Warren Buffett

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

We believe that according the name 'investors' to institutio

Summary

This quote suggests that labeling institutions that engage in frequent and short-term trading as "investors" is misleading. The comparison used likens it to calling someone who consistently has casual relationships a romantic, implying that the true essence of investing (as opposed to trading) involves a longer-term commitment and a more considered approach. The quote critiques the perception that active trading is equivalent to genuine investment, emphasizing the importance of patience and a strategic outlook in the financial world.

Topics

Romantic

By Warren Buffett

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