The ever positive and optimistic Warren Buffett investment guru sounds cautious during Berkshire Hathaway (BH) Annual shareholder meeting recently.
NOBODY KNOWS WHAT THE MARKET IS GOING TO DO TOMORROW.
“I don’t know, and perhaps with a bias, I don’t believe anybody knows what the market is going to do tomorrow, next week, next month, next year. I know America is going to move forward over time, but I don’t know for sure, and we learned this on September 10th, 2001, and we learned it a few months ago in terms of the virus. Anything can happen in terms of markets, and you can bet on America, but you got to have to be careful about how you bet, simply because markets can do anything.”
I agree entirely that nobody knows what the market is going to do tomorrow or next year or the year after next. If you are having the mindset