Tuesday, June 13, 2017

How to Predict the Next Stock Market Crisis?

I have terribble news. You can't predict the next stock market crisis. Warren Buffett is one of the wealthiest men who ever lived on the Earth and made his fortune from investing, but he wrote this in the 2016 Annual Report of Berkshire Hathaway:

"Moreover, the years ahead will occasionally deliver major market declines - even panics - that will affect virtually all stocks. No one can tell you when these traumas will occur - not me, not Charlie, not economists, not the media."


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