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Warren Buffett Chairman, Berkshire Hathaway Views on Long Term Investment

Posted By On 11/14/2009 01:48:00 PM Under

The post is an endeavour to help readers get more interested towards long term investment in the equity market and same is corroborated with the stock market guru Warren Buffet Chairman, Berkshire Hathaway views aired by him in one of the share holders meetings and the same is appended as below and we quote:

"I have no idea what the stock market’s going to do tomorrow, or next week, or next month or next year. But over a ten-year period you will do considerably better owning a group of equities than you will owning Treasuries. In fighting the economic war, we’ve taken action that sows the seeds of substantial inflation down the road. Not in the next six months or year, but ten years from now the dollar will buy a lot less than it buys today".

Thus one can see the depth in each word and mind it that people come across the continents to listen to the speech which is generally given in a stadium as he has a large subscriber base.

One will also appreciate this fact that I have been also influenced by him and undertook the correct perspective in share market and became a millionaire from stock market and same was only due to correct selection of the stock coupled with the holding strategy.
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