Monday, December 12, 2005

Market views

Regardless of the market, I will keep buying businesses. We like low prices.

We're not good at forecasting markets. Charlie and I spend no time thinking about where the market's going. We do know when we're getting good value [when we're buying a stock or business].

There are always going to be some good and bad things happening.

I've seen more people lose more money by getting focused too much on one factor. We've never not bought something due to macroeconomic concerns.

Excerpt from "2005 Berkshire Hathaway Annual Meeting"


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