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Interview With Alice Schroeder: One Big Misconception About Buffett (The Motley Fool)

Alice Schroeder · 6 Nov 2009

The piece opens with

The biggest business misconception about Buffett is that he is a buy-and-hold-forever investor

On the business side, I think the biggest misconception about him is that he is a "buy and hold forever investor." He has never said that, but people take little snippets and slices of things that he said, and they turn them into mantras or slogans.

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Alice Schroeder did not write this page.

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  1. On the business side, I think the biggest misconception about him is that he is a "buy and hold forever investor." He has never said that, but people take little snippets and slices of things that he said, and they turn them into mantras or slogans.
  2. I do believe that people succeed based on a balance of their own efforts and their circumstances, but I think he is right to emphasize the circumstances here, because he was very fortunate.

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