Putting It All In Perspective: Long-Term 50-Year Dow Charts

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.” -- Warren Buffett

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”  -- Warren Buffett

“If you aren't willing to own a stock for ten years, don’t even think about owning it for ten minutes”  -- Warren Buffett

“When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.”  -- Warren Buffett

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Don't panic or make any rash moves. That was the advice of many investment advisors on Black...