"Time is the enemy of the poor business and the friend of the great business"

Hi,
Regardless in Investing or in business Mr. Warren Buffett always said that: "Time is the enemy of the poor business and the friend of the great business." Business that earning high return on equity over a long period of time as a great Investment for long term investing and business that earning low return on equity over a long period of time as trouble for long term investing. Mr. Warren Buffett has also stated that "Our favorites holding period is forever." and "If a business does well, the stock eventually follows." I have introduced in my pervious post. Berkshire Hathaway is a truth life example as well as some of his common stocks holding.

Mr. Buffett had been holding stocks of American Express Co., Coca-Cola Company, The Washington Post Company, and Wells Fargo & Company And Gillette over a log period of time and proven that these great businesses had really paid him well.

Regardless of Investing or Business "Time is the enemy of the poor business and the friend of the great business" proven to be truth and will always be. These are some of the most valuable lesson we can learn from Mr. Warren Buffett also know as the famous "Oracle of Omaha".