Buffet replied that question when Bezos asked him. His answer was, no one wants to get rich slowly. Many of Buffet's investment do not show results instantly. He does not sell whenever he sees a profit. Instead, he keeps holding it for a very long time. Some investments allow him to gain dividends, while others takes a long time. One thing for sure, his patience and intelligence is difference from other world's richest. He does not create products nor sell them, he invest in opportunities of businesses and grow with them.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments