Warren Buffett tells CNBC the economy still isn't showing any signs of life but that doesn't mean investors should stay away from stocks for the long-term.
In a live interview on Squawk Box this morning, Buffett says "business is still flat." But he stresses that doesn't mean he's negative on stocks, predicting the market will revive before the economy does.
"The market is very, very likely to turn up before business. But I don't try and time stocks. I try to price stocks."
He repeats his advice from his "Buy American" op-ed in The New York Times last fall: don't wait to buy stocks until the economy improves. By then, he says, you will have missed the biggest stock gains.