Warren Buffet's stock market prediction in a letter to investors | TigerDroppings.com
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LSURussian
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Warren Buffet's stock market prediction in a letter to investors

quote:

“I think you can be quite sure that over the next ten years there are going to be a few years when the general market is plus 20% or 25%, a few when it is minus on the same order, and a majority when it is in between,” Buffett wrote.

“I haven’t any notion as to the sequence in which these will occur, nor do I think it is of any great importance for the long-term investor.”

LINK

This letter hasn’t received much attention lately, for good reason: It’s dated July 6, 1962.


Doc Fenton
LSU Fan
Member since Feb 2007
51088 posts

re: Warren Buffet's stock market prediction in a letter to investors
Not one of his better constructed sentences for sure.

EDIT: And you misspelled his name.
This post was edited on 3/2 at 12:32 pm


RedStickBR
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Member since Sep 2009
10242 posts

re: Warren Buffet's stock market prediction in a letter to investors
I think he was being intentionally obtuse.


guttata
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prairieville
Member since Feb 2006
20383 posts

re: Warren Buffet's stock market prediction in a letter to investors
He really went out on a limb with that prediction.


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Doc Fenton
LSU Fan
Member since Feb 2007
51088 posts

re: Warren Buffet's stock market prediction in a letter to investors
If he was trying to be humorous with that sentence I think he failed. I think it's more likely that he just meant to say 20 years instead of 10 years, or something like that.


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JPLSU1981
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Baton Rouge
Member since Oct 2005
17635 posts

re: Warren Buffet's stock market prediction in a letter to investors
When my friends ask me about a particular stock, I usually say....

"In my professional opinion, three things could happen. The stock might go up. The stock might go down. And it's possible the stock might stay the same."



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