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See What People Are Saying About... Warren Buffett's 'Buy' Recommendation
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You might remember a few months back in a New York Times editorial Warren Buffet said, “Buy American, I Am.” Fast Money talked about it on October 16th (Click here to see that FM post).
Well today on CNBC, Buffett said that he wishes he had written the piece a few months later, but stands by the basic argument that you'll do better over a ten-year period with stocks than you will with Treasuries.
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And he's even suggested a maximum time frame for an economic turnaround. Specifically he says, five years from now, the economy will be running fine. The strength of the American system will pull it through, just as it has many times in the past.
And that leads to our Fast Money Reader Poll.
Do you agree with Warren Buffett that if you can buy and hold, you should put money in stocks?
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CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes
