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#13: Mark Yusko Discusses His Bet With Warren Buffett

Superinvestors and the Art of Worldly Wisdom

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Warren Buffett's Dilemma

I think Warren has a dilemma. His gravitas is so large and justly deserved that if he were to come out and make negative comments or cautious comments, I think it could be perceived negatively. The average investor doesn't have very many stocks. They don't have a lot of money saved for retirement. So their only hope is that the market continues to go up. But hope is not an investment strategy. It's a four letter word.

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