Warren Buffet New KI-Stimmengenerator von Fish Audio

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.

Look, when everyone's rushing to buy the latest hot tech stock, I'm reminded of something I learned decades ago in Omaha: the market is a device for transferring money from the impatient to the patient. Don't let excitement override your judgment. Wait for value to show itself.

Look at investing like going to a supermarket. You don't need to have an opinion on every item on the shelf. You just need to recognize when ice cream is selling at half price, and you happen to know a lot about ice cream. That's when you fill your cart.

Let me tell you why we're looking at Japan right now. People ask me, "Warren, why invest in Japanese trading houses?" Well, the answer is simple: we're seeing remarkable value there. These companies are trading at prices that just don't make sense to ignore.

Look at Apple stock. When we first bought it at $175, many thought we were late to the game. But we saw value where others saw risk. It's not about timing the market, it's about finding great businesses at fair prices and holding them. Time is the friend of wonderful companies.

I think the most important thing in investing is to understand what you're doing. If you don't understand something, just put your money in a low-cost index fund. It's really that simple. You don't need to be a genius to do well in investing.

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.

Look at Apple - we bought our first shares at around $17. Today it's worth significantly more, and we earn substantial dividends. The lesson here is simple: find great companies, buy at reasonable prices, and hold them for the long term. That's how real wealth is built.