Long-Term Strategy Quotes

Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stock broker. The people who are telling you to do something else are all being paid by commissions or fees. The result is that while index fund investing is becoming more and more popular, by and large it's not the individual investors that are doing it. It's the institutions.

In investing, you get what you don't pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won't be foolish enough to think that they can consistently outsmart the market.

Foreign policy is consumed with momentary crises —– often created by failing states and violent groups. But in the long run, he future is shaped by winners, not noisy losers.

Once you've built the big machinery of political power, remember you won't always be the one to run it.

This obligation to move can be a burden to a player without strategic vision.

The two most powerful warriors are patience and time.

Every time somebody on the internet sort of glances at us sideways, we launch an attack at them. That's not going to work out for us long term, and the U.S. have to get ahead of the problem if we're going to succeed.

Victory is won not in miles but in inches. Win a little now, hold your ground, and later, win a little more.

I do have confidence that we're gonna be able to get it right. But it's not gonna be overnight. And there's no silver bullets to this. The fact of the matter is, is that we are suffering from a massive hangover from a binge of risk taking.

In our view, successful reform is not an event. It is a sustainable process that will build on its own successes - a virtuous cycle of change.

My father said, 'You must never try to make all the money that's in a deal. Let the other fellow make some money too, because if you have a reputation for always making all the money, you won't have many deals'.

I don't think that you can invent on behalf of customers unless you're willing to think long-term, because a lot of invention doesn't work. If you're going to invent, it means you're going to experiment, and if you're going to experiment, you're going to fail, and if you're going to fail, you have to think long term.

You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.

My advice to the average investor in 1988 is to be patient and think long-term. It will take 18 months for confidence to get better and, in the meantime, this is absolutely no place for short-term money.

We have a tendency in America to deal with foreign affairs on a day by day basis. We are so saturated with facts that we do no look at a longer, broader picture.

Too many companies are running their business into the ground, I would argue, by being myopically short-term focused on the shareholder.

We’ve spent more time debating what to call extremism than we have discussing a long-term strategy for defeating it. If we don’t wrestle with the long-term, every four years a different president and a different foreign minister will be facing a different terror group with a different acronym.

Do I really look like a guy with a plan?

I never wanted to play the short game.

We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.

Good businesses will survive good times and bad times.

If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.

The policy of the United States does not flow from transitory considerations.

We must clearly see that international hostile forces are intensifying the strategic plot of Westernizing and dividing China, and ideological and cultural fields are the focal areas of their long-term infiltration.

My positioning with my investors was always, I need three to five years.