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by nationcrafting
4024 days ago
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>the only reason people purchase a stock is for that stock to be worth more in the future It depends on what you're interested in. Warren Buffett buys shares in companies he never plans to sell, like Wrigley's, Heinz, Dairy Queen, See's Candies and Coca-Cola, because he's more interested in the annual return on investment than in increasing the capital itself. To Buffett, owning shares in a company means owning a share of the company in every sense of the word. He's often quoted saying "you should only buy shares in companies you're happy to own for 10 years should the stock market close tomorrow". |
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