Wednesday, May 17, 2006
Bankstocks.com's Matt Stichnoth files a long dispatch from the 2006 Berkshire Hathaway Annual General Meeting
"WARREN BUFFETT: Investing is not complicated. You work to find pockets of value. You didn’t need a high IQ to buy junk bonds in 2002. You needed to have the courage of your convictions when everyone else was terrified. It was the same in 1974. People were paralyzed. You need to learn to follow logic rather than emotion. That’s easier for some people to do rather than others."
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