Warren Buffett isn’t buying but says one stock market bet still makes sense
In 1987, Berkshire Hathaway Chairman and CEO Warren Buffett laid out his stock market strategy in a famous way: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
In 2008, Buffett penned an op-ed in the New York Times where he indicated that Berkshire was putting that strategy into action as the financial crisis worsened: “In the near term,…
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