Really, does Warren Buffett really secretly hope his stocks crash? Yes, everything but the “secretly” part, at least. In his latest shareholder letter, Buffett lays out why he hopes for low share prices on stocks he already owns.
Anand Chokkavelu explains why both Buffett and Buffett’s mentor, Ben Graham, think this way.
If you are looking for ASX investing ideas, look no further than “The Motley Fool’s Top Stock for 2012.” In this free report, Investment Analyst Dean Morel names his top pick for 2012…and beyond. Click here now to find out the name of this small but growing telecommunications company. But hurry – the report is free for only a limited period of time.
The Motley Fool’s purpose is to educate, amuse and enrich investors.This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.