27 February 2014

A man with a memory

CityAM reports:
INVESTMENT guru Warren Buffett has offered up his latest advice to would-be investors by comparing the stock market to sex. Buffett, who delivers his closely watched letter to shareholders every year, said investors should be wary of the current market rally. “A bull market is like sex. It feels best just before it ends,” he said, quoting legendary investor Barton Briggs. Buffett, who has been married twice, said it was dangerous for timid investors to enter the market in a bull run because it would put them off when markets inevitably fell.
Mr Buffett is 83.

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