http://www.berkshirehathaway.com/letters/1988.html
... "In fact, when we own portions of outstanding businesses with outstanding managements, our
favorite holding period is forever." ...
Do we think in similar lines? Do we look at investments or asset building activities as a forever activity?
Do we keep the goose healthy and alive always?
Warren Buffett has displayed to us that true wealth is in long term investment strategies.
Warren Buffett started investing in 1942. His philosophy of investing is still the same - find great companies, and stay invested forever - after 76 years and he is one of the wealthiest person in the world.
Let us also think in the long run. Also learn how to be content like Warren Buffett. He drew cheap cars (for his standard of life and income).
Let us all build wealth and do good to this world.
Warren Buffett has regularly given to charity. He gave away more than $46 billion since 2000. That worked out to 71 percent of his $65.5 billion fortune.
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