Warren Buffett on why bubbles happen: People see neighbors 'dumber than they are' getting rich
Even if you bought the market the day before Lehman collapsed you'd still be up a whopping 130%
Mike Santoli says buying into the teeth of the crisis is a testament to the power of time to heal portfolios — and the virtues of adding exposure any time the market is down 20 percent.
Without oxen a stable stays clean, but you need a strong ox for an abundant harvest. Lately, the concern of pundits has been U.S. agitation for fairer trade rules and better access for American goods in Europe and China and—perhaps more important—for China to stop demanding that American companies hand over technology in order to sell their goods in China.
James Taylor: I’ve seen fire and I’ve seen rain. I’ve seen sunny days that I thought would never end… Lord knows when the cold wind blows, it’ll turn your head around. I’ve seen lonely times when I could not find a stock to buy…sweet dreams and flying machines in pieces on the ground.
The American economic locomotive is before our very eyes becoming more and more unbridled, set freer by fewer regulations and lower corporate taxes. I think most people do not yet fully realize the extent of the vast opportunity and compounding potential for the economy.
Where are we now?
Josh Brown, CEO of Ritholtz Wealth Management and CNBC contributor, explains how to buy bitcoin using Coinbase.
Lots of experts—economists, Wall Street strategists, media pundits—underestimate the can-do ability of the American people and the resilience of the economy; and unfortunately this thinking often rubs off on individual investors.
The old R&B group The Whispers sang, “And the beat goes on / still moving strong on and on. Just like fishing in the ocean / there is always something new. … I’ve been through stormy weather… this time I’ll keep my feet on solid ground. And the beat goes on / still moving strong on and on.”
Buffett tells CNBC he doesn't make knee-jerk reactions after events such as the French presidential election.
Read more: http://www.cnbc.com/id/104451867