"Most people think
Buffett is a perpetual bull on the stock market. This is not true. There have
been many occasions when he has been cautious about the stock market and even
times when he has forewarned of impending doom — 1969 and 1999. However, Buffett
is unabashedly bullish on the United States. He has never been shy to express
his belief that the United States offers tremendous opportunities to anyone who
is willing to work hard. He is upbeat, cheerful, and optimistic about life in
general.
Conventional wisdom holds that it is the young who are the eternal optimists and that as you get older, pessimism tilts the scale. But Buffett appears to be the exception to this maxim."
Conventional wisdom holds that it is the young who are the eternal optimists and that as you get older, pessimism tilts the scale. But Buffett appears to be the exception to this maxim."
