Warren Buffett has some timeless advice for investors that he can't repeat too many times.
At the end of his live, two-hour appearance with Becky Quick
on CNBC's "Squawk Box" this morning, she gave him a chance to do a
free association reaction to a single word: "buy."
Here's his response: "I
say, basically, 'hold.' The idea that the European news or slowdown in this or
that or anything like that, that would not cause you to, if you owned a good
farm and had it run by a good tenant, you wouldn't sell it because somebody
says, 'Here's a news item,' you know, 'This is happening in Greece' or
something of the sort…….”
Read more at http://www.cnbc.com/id/49533493
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