# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DD7xfd1SLWp
- **Gondola URL:** https://gondola.cc/posts/25653939-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/c2775d9188eea594cb485170117fe878cf1cc7c40938318bb8229d5c7bcf5048.jpg
- **Posted:** 2024-12-23T20:16:32.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

With a net worth of approximately $142 billion, Buffett’s strategies resonate deeply with those seeking financial success. Among his key pieces of advice: start investing early, focus on small companies, and don’t panic when stocks fluctuate.

During the 1999 annual shareholders’ meeting, Buffett shared the approach he would take if he were a recent graduate starting out with $10,000 to invest.

Buffett emphasizes the power of compound interest, likening it to rolling a small snowball down a long hill.

“The trick is to have a very long hill, which means either starting very young or living, to be very old,” he said during the shareholders’ meeting. Early investing, he argues, allows your money to grow exponentially over time.

Buffett also stresses the importance of long-term thinking. “Some people should not own stocks at all because they just get too upset with price fluctuations. If you’re gonna do dumb things because your stock goes down, you shouldn’t own a stock at all,” he told CNBC in 2018.

Stock prices will inevitably dip at times, but Buffett urges investors to remain patient and focus on the long-term value of their holdings. “Buy something you like, at a price you like, and then hold it for 20 years,” he advised.

He further warns against obsessing over daily stock price fluctuations. Comparing stock ownership to real estate, he said, “If you bought a farm or an apartment house, you wouldn’t get a quote on it every day or every week.” Instead, Buffett recommends treating stocks as long-term investments, ignoring short-term market noise.

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## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

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