Market Extra: Buffett: No, we never said stocks are ‘forever’

Warren Buffett is famously a very long-term investor. But long-term doesn’t necessarily mean he’ll never sell.

In his annual letter to investors, the Berkshire Hathaway BRK.A, +0.00%BRK.B, +0.00% chairman writes that some shareholders and commentators have the notion that the firm “will own certain stocks ‘forever”—but that’s not so.

“It is true that we own some stocks that I have no intention of selling for as far as the eye can see (and we’re talking 20/20 vision),” he said. “But we have made no commitment that Berkshire will hold any of its marketable securities forever (emphasis Buffett’s).

>>> Original Source <<<