Investing legend Warren Buffett has offered plenty of stock picking advice over the years, but there's one notion of his that seems pertinent to the current market environment. Buffett encouraged investors to be “fearful when others are greedy, and greedy when others are fearful.” Looking at stocks that can be found in Buffett-controlled Berkshire Hathaway's portfolio, Amazon.com (NASDAQ: AMZN) and RH (NYSE: RH) seem to have what it takes to make great long-term picks. Read More...
Investing legend Warren Buffett has offered plenty of stock picking advice over the years, but there’s one notion of his that seems pertinent to the current market environment. Buffett encouraged investors to be “fearful when others are greedy, and greedy when others are fearful.” Looking at stocks that can be found in Buffett-controlled Berkshire Hathaway’s portfolio, Amazon.com (NASDAQ: AMZN) and RH (NYSE: RH) seem to have what it takes to make great long-term picks.