Wednesday, January 7, 2009

10 investing basics from Buffett

(moneycentral.msn.com) Last year's market madness didn't just flush away $7 trillion in wealth.

It also washed away a lot of investors' confidence and left them stumped about the best position to take now. "Somewhere between cash and fetal," quips one pessimist.

In such downbeat times, let's consider a dose of optimism, wisdom and insight: the basics as taught by that perennial investing Yoda, Warren Buffett.

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