Two scenarios lie ahead. In one of them, we’re out of the woods pretty soon here, with bulls gaining control of the major indices again, following a tension release after the mid-term elections. We’ll be off to the races again, in no time.
Warren Buffett used to be a 6th gear investor, but not anymore. Today, Warren wishes he could go back to the days of being like a racing motorbike that slides in between cars and trucks, surpassing all others and delivering big results, but he can’t.
As with many things, investing included, the terminology can complicate what is truly simple, or frighten new people from making the most financially rewarding decision of their lives – owning productive businesses over the course of their lifetime.