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Warren Buffett just spoke at his annual shareholder's meeting and
there's still a lot we can learn from the "Oracle of Omaha"!
Here's a great article with highlights from what he said... (Thanks to my brother Thomas for pointing it out!) http://money.cnn.com/2008/05/05/news...uffet.pm.wrap/ One thing I'd like to highlight is Buffett's thoughts when the stock market goes down... Here it is... Quote:
(The question remains, though, you still need to know "when" to sell... So it's also good to know when you feel the prices are "too high", so you can sell out, and use the money to buy more bargains...) In chatteling, you "make your money" when you buy (by buying at a low price). With stocks, it's similar... Quote:
Anyway, just some food for thought! (There's more great stuff in the article too, that I didn't quote. So if the stock market interests you, make sure you read it...) Best wishes, Dien
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