Warren Buffett reminds us that the stock market doesnât care about what you paid or how long youâve held a stock.
Itâs easy to get emotionally attached, but remember: a stock's purpose is to serve your investment goals.
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Focus on a company's future performance rather than its purchase price.
Modern investors have an incredible advantage.
With low costs and easy portfolio adjustments, you can quickly invest in thousands of businesses and pivot to better opportunities as they arise. Unlike past business moguls, todayâs technology makes it simple to maximize your potential returns.
Buffettâs advice is timeless: donât let a stockâs price action dictate your strategy.
Instead, evaluate the companyâs future prospects against its current price. Always ask yourself, is this the best place for my money right now?
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DISCLAIMER: Content on this channel references an opinion and is for information purposes only. It is not intended to be investment advice. For investment advice, please seek a duly licensed professional.
Video Credit: Fortune Magazine/YT
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