Buffett emphasized longterm thinking from "summary" of The Snowball by Alice Schroeder
Buffett's philosophy revolved around the idea of playing the long game. He believed in making investments that would stand the test of time, rather than seeking quick wins. This long-term approach was evident in his decision-making process; he would carefully evaluate potential opportunities, looking beyond short-term gains to assess the sustainability and growth potential of a company. By focusing on the big picture, Buffett was able to weather market fluctuations and economic downturns with confidence. One key aspect of Buffett's long-term thinking was his emphasis on the importance of compounding. He understood the power of reinvesting profits back...
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