Global Wealth Harbor Featured on Bloomberg

With the news this week that Warren Buffett will no longer be writing Berkshire Hathaway’s annual letters, it's my pleasure to be invited by Bloomberg reporter to share my favorite Buffett quote from a financial advisor’s perspective.

I started reading Berkshire Hathaway’s annual letters since high school and liked different quotes at different period. Now as a financial advisor, my favorite quote is “It pays to be active, interested and open-minded, but it does not pay to be in a hurry.” (1992) At first glance, this quote seems overly simple. But after years in the industry, I’ve come to appreciate its wisdom in a way that I could not when I first read it. To me, being “active” means continually and proactively researching and identifying high-quality investment opportunities to improve portfolio performance. Being “interested” means really taking the time to understand different aspects of the investment in depth. Being “open-minded” means willing to adjust existing investment approaches or philosophy as the investment environment or situation evolves. And not being “in a hurry” is to resist the temptation to chase recent performance or make emotional, reactionary decisions based on short-term news. These qualities may sound basic, but they are essential to successful long-term investing, and I make a point to keep them top of mind as I help clients with their investments.

I know among our clients there are quite a few Warren Buffett "fans" - so, what's your favorite quote? Love to hear about it :)

If you’re interested in reading the full article, you can find it here:

https://www.bloomberg.com/news/newsletters/2025-11-13/warren-buffett-will-stop-writing-annual-letters-his-quotes-remain-relevant