Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.


1998 Berkshire Hathaway Annual Meeting, as quoted in The Essays of Warren Buffett : Lessons for Corporate America (1998), p. 92

Warren Buffett Quotes

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding...

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding...

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding...

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding...