Buffett in 1996? I had no idea...

"It’s very tough to make money shorting even obvious frauds. We tried a few times in our innocence of youth. It’s not tough to find obvious frauds and it’s not tough to be right over 10 years. But it’s very tough to make money being short them."

$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Bank of America(BAC.US)$ $Citigroup(C.US)$

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whqqq : Successfully timing the market is incredibly difficult to do over any reasonable period of time.

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areecep

Some famous words of Buffett. I hope it's useful to you. : )

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