Warren Buffett has noted that the opportunities that he has missed are as significant as the opportunities that he has taken. Recognizing opportunities and then being willing to “put out the bucket, not the thimble” is the key to investing success.
“So opportunities come around,” Buffett said at the 2010 Berkshire Hathaway annual meeting. “You have to be prepared to grab them when they come.”
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© 2023 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.