Wednesday, September 2, 2009

Holding stocks in high inflation period

Partly, it’s habit. Partly, it’s just that stocks mean business, and owning businesses is much more interesting than owning gold or farmland. Besides, stocks are probably still the best of all the poor alternatives in an era of inflation - at least they are if you buy in at appropriate prices (on why he holds stocks even in times of high inflation).

- Warren Buffett

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