Warren buffett31 May 2019 10:34
"There was a time, not to long ago, that I thought the best way to build wealth in the stock market was by flipping stocks. As an inpatient investor, I was too concerned with daily price fluctuations, trying to time the market. What I failed to realize is that it is virtually impossible to time the market when buying or selling stocks.
There are plenty of investors who make great returns with short term investment strategies like day trading. While this stock trading strategy works for some, it doesn’t for most of us. Unless you are a professional trader and have lots of experience in the market, there is little chance you will survive the market.
After many years of investing, I have now realized the best way to build wealth is to invest in companies for the long term"