Timeless and Time-Tested Warren Buffett Watch Predictions
Timeless and Time-Tested Warren Buffett Watch Predictions Warren Buffett became one of the wealthiest people in the world by making predictions and putting money behind those predictions. Every time he buys a stock or a business or some other investment, he's forecasting the future. Judging by the incredible returns of his holding company Berkshire Hathaway, Buffett and his colleagues are very good at making those predictions. Of course, it helps when you can give your predictions plenty of time to come true. That's one reason Buffett's favorite holding period for investments in "outstanding businesses with outstanding managements" is "forever." After all, "We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely." With that in mind, here are Warren Buffett Watch's 'timeless' predictions. 1. Recessions can't be avoided forever. ...