Favorite Quote from Warren Buffet App

Warren Buffet is considered the best investor of all time. He is considered to be like an oracle in the investment world. My favorite quote goes …

I try to buy stocks in business that are so wonderful an idiot can run them because sooner or later one will.

Although it is vital to look at the people who run a company before investing it’s equally important to consider the long-term use of the product regardless of who runs the company.  I never invest in a company that doesn’t have a product I know, use or has a long-term use. I do my very best to stay away from ‘fashion stocks’ or what others might call trends.

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