It's all about dividends and the long game for storied investor Warren Buffett who dished out a few bits of wisdom over the weekend.
A rebound is in sight for stocks, following a rotten week — the worst since December for the S&P 500 SPX and the Nasdaq Composite COMP.
And as Wall Street analysts go dark, with talk of investor death zones at Morgan Stanley, some droplets of wisdom by one of the world’s most followed investors, may have arrived in the nick of time. Buffett then waded into the merits of long-term investing and the “secret sauce” that has made the conglomerate pretty good at what they do. He discussed Coca-Cola KO , one of his longtime holds, noting that Berkshire completed a seven-year purchase of those 400 million shares in August 1994.
“The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well,” said Buffett. And investors paralyzed by inactivity should remember: “The S&P 500 has gone through 11 economic recessions over the past seven decades, and yet it’s returned an average of 8% a year since then,” said Cox.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Warren Buffett's annual letter reveals Berkshire's 'secret sauce,' crucial lesson for investorsWarren Buffett published his annual letter to shareholders on Saturday, offering a glimpse into Berkshire Hathaway's investment into Coca-Cola and American Express.
Baca lebih lajut »
Warren Buffett touts key bets, defends taxes, buybacks in annual letterWarren Buffett touts his iconic Coca-Cola and American Express bets in his annual letter - and trashes managers who manipulate earnings
Baca lebih lajut »
Warren Buffett’s Berkshire Hathaway Posts Big 2022 Loss in Rocky MarketWarren Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.
Baca lebih lajut »
Warren Buffett, in annual letter, stays upbeat and preaches patienceBillionaire investor Warren Buffett on Saturday signaled he has lost none of his enduring confidence in the U.S. economy and his company Berkshire Hathaway Inc .
Baca lebih lajut »
Warren Buffett’s Berkshire posts 8% drop in operating earnings as railroad business sagsBerkshire Hathaway’s operating earnings declined 8% in the fourth quarter to $6.7 billion after taxes, hurt by railroads and a decline in the U.S. dollar.
Baca lebih lajut »