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.







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Doc Fenton
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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


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RedStickBR
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re: Warren Buffet's stock market prediction in a letter to investors


I think he was being intentionally obtuse.





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guttata
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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
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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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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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