Buffett says ‘terrible mistake’ for long-term investors to be in bonds
Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds. Buffett said it is a “terrible mistake” for investors with long-term horizons – among them, pension funds, college and endowments and savings-minded individuals – to measure their investment “risk” by their portfolio’s ratio of bonds to stocks. The long-time bull on U.S. companies and the economy issued his latest letter to Berkshire Hathaway Inc shareholders on Saturday.
Source:: https://finance.yahoo.com/news/buffett-says-terrible-mistake-long-180641111.html
