Heed Warren Buffett's Advice: The Time to Be Fearful When Others Are Greedy Has Arrived on Wall Street
Finding a good deal in today’s historically expensive stock market is a challenge.
Overview
On Dec. 31, billionaire Warren Buffett retired as Berkshire Hathaway's (NYSE:BRKA)(NYSE:BRKB) CEO, handing the keys to the trillion-dollar conglomerate he helped build to Greg Abel. After more than half a century at the helm, the Oracle of Omaha outperformed the benchmark S&P 500 (SNPINDEX:^GSPC) by more than 6,000,000!
But even though Berkshire's boss is no longer overseeing the company's day-to-day operations or its $358 billion investment portfolio, his nuggets of wisdom via annual letters and annual shareholder meetings live on.
The Oracle of Omaha has always been a stickler for value. Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.