Saturday, May 3, 2008

Buffett warns long-term stock returns to shrink (BRK.A)

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From MarketWatch:

Berkshire Hathaway Inc. Chairman Warren Buffett cautioned shareholders Saturday that returns in the years ahead from the company's equities portfolio, as well as gains from its own stock, will likely be lower than those seen in previous decades.
Buffett said he would be very happy to generate gains of 10% a year from common stocks over the long term but questioned whether that will happen....MORE