In regard to Berkshire Hathaway's stock portfolio, Buffett has said that "our favorite holding period is forever." However, that doesn't necessarily mean Berkshire will hold any of its stocks forever. In fact, Buffett and his team sell stocks regularly, and there are a variety of good reasons for doing so.
What Buffett is trying to say is that he goes into his investments with a long-term mentality. In other words, if he can't see himself owning the stock for years, he won't buy it at all. "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes," Buffett has said. Buying stocks because you think they're going to have a good quarter, or because a hot new product is being released next year, is simply not Buffett's way.
In regard to Berkshire Hathaway's stock portfolio, Buffett has said that "our favorite holding period is forever." However, that doesn't necessarily mean Berkshire will hold any of its stocks forever. In fact, Buffett and his team sell stocks regularly, and there are a variety of good reasons for doing so.
What Buffett is trying to say is that he goes into his investments with a long-term mentality. In other words, if he can't see himself owning the stock for years, he won't buy it at all. "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes," Buffett has said. Buying stocks because you think they're going to have a good quarter, or because a hot new product is being released next year, is simply not Buffett's way.