Buffett's View

We often make reference to that wise and successful investor, Warren Buffett. His honored name comes up when the difference between value and growth stocks are explained. (He is a value investor and long-term value beats growth.) We also regularly share his wise advice to individual investors to stick with index and asset class funds and maintain a long-term perspective.

In an opinion column in today's New York Times, the Oracle from Omaha shares with readers that he is a buyer of stocks despite what he calls the "mess" the financial world is in.

Buffett says that he can't predict the short-term movement of the markets. However, in the long haul stocks will do well. As he says, "if you wait for the robins, spring will be over."

Click here to read the column.

Buffett says equities will almost certainly beat cash over the next decade. He quotes Wayne Gretsky's advice to "skate to where the puck is going to be, not to where it has been."