The Meridian is the official blog of Scott Dauenhauer and Meridian Wealth Management. This blog will update you on financial planning and investment management topics. It will also explore the impact of world events on your portfolio.
Monday, March 09, 2009
Buffett: On Stocks and the Economy
In classic Buffett fashion, Warren Buffett talks about the US Economy, its prospects and his mistakes. Its honest, thought provoking and a little funny. My favorite part of the article:
"Over 10 years, he said, "you will do considerably better owning a group of equities" than U.S. Treasuries.
Buffett also defended his imperfectly timed October opinion piece for The New York Times, where he said he was moving non-Berkshire holdings in his personal account to stocks.
"I stand by the article," he said. "I just wish I had written it a few months later.""
Its a relatively short article that I think you will find interesting.
Scott Dauenhauer CFP, MSFP, AIF