مولد صوت AI Warren Buffett بواسطة Fish Audio

I think most investors would be far better off if they just stopped trying to be smart and focused on being patient. If you buy a low-cost index fund and simply hold it for twenty or thirty years, you're going to do very well. It's really that simple.

Let me tell you something about patience in investing. While everyone's rushing to buy the latest hot stock, we're sitting here at Berkshire, carefully analyzing companies that have real value. Remember, the stock market is a device for transferring money from the impatient to the patient.

I've always said that investing is simpler than people want you to believe. You don't need a high IQ; you just need a good temperament. If you stick with a broad index fund and ignore the noise, you'll find that time is the greatest friend of a wonderful business.

Let me share something interesting about our recent investment decisions. While everyone's rushing into artificial intelligence stocks, we're looking at something different. We've found remarkable value in traditional businesses that the market's overlooking. Remember, it's about buying wonderful companies at fair prices.

The best thing an average investor can do is keep it simple. You don't need to find the next big thing. Just buy a cross-section of America through an index fund and let time be your friend. It's about staying the course regardless of the noise.

Let me tell you something about patience in investing. We've been watching this particular company for over 15 years, waiting for the right price. People ask me, "Warren, why wait so long?" Well, the market always rewards those who can wait for the perfect pitch.

You know, I look at these cryptocurrency things, and I just don't understand them. Maybe I'm too old-fashioned, but I like businesses I can understand. When people tell me it's the future, well, I remember people said the same about many things that didn't work out.

You know, when I was looking through company reports back in the 1950s, I found this interesting insurance company. Nobody was paying attention to it, but I spent maybe 6 or 7 hours reading every footnote. That's where you find the real story, in those details.