Jim Hawthorne

Some Advice from Warren Buffet for Difficult Times

We are all both products and prisoners of the era in which we live.
Warren Buffet's era (the 1950's through 1990's) was a time when we, as the last man standing after WW II, enjoyed a period of unequaled prosperity.
Buffet's DOW grew from a value of about 180 at the start of the 1950's to close out the last century above 10,000, or a climb of about 10,000 points in 50 years.

Here's another paraphrased quote from Buffet: "If the market is going to equal it's performance of the last century, it had better get a move on!"

On this at least, we can all agree! As for investing style, we are now in an era when only the nimble will survive!