Berkshire Hathaway's Warren Buffett Offers Advice to Investors: Patience and Long-Term Gains Over Pundit Predictions
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Warren Buffett suggested investors should ignore pundits in his annual letter to shareholders released Saturday. Buffett advises investors to remain committed to exceptional businesses through fluctuations and to practice patience, allowing compound interest to generate long-term gains. He cautions against risking permanent capital loss, as the stock market increasingly resembles a casino with daily temptations but potential for real losses.
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