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Stocks B / Berkshire Hathaway


Subject:  Re: Still cheap at 4 year high Date:  10/5/2012  7:12 PM
Author:  Technodweeb Number:  194690 of 239254

A market drop of 90% should take at least five years I would imagine. I honestly do not accept that, but I do have my money invested. The only way possible for that to happen would be a catastrophe on our planet or massive deflation.

Charlie Munger has stated that an investor should have the temperament to see holdings go down by 50% three times every hundred years.
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