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Are you bullish about the U.S. for the long-term?
Are you bullish about the U.S. for the long-term?
Buffett and the students went to Piccolo Pete's for lunch and root bear floats.
The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway. But it stands to reason. I mean, we get more productive every year, you know. It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.

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Last updated April 14 2008: 12:24 PM ET