A Buffett Disciple On What To Do About Market Turmoil

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A Buffett Disciple On What To Do About Market Turmoil by Guy Spier, Observer [buffett] “Back in the day” is an expression I had not heard until I came to Wall Street. To me, it denotes the speaker’s harking back to prior time. A golden age. A time when things were getting better, and what we lacked in experience was made up for by a generally benign and improving environment. But that it is emphatically not where we find ourselves today. Today life in the markets is hard. Stocks are volatile, and mainly in a downward direction. For the last…

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