“The most important investment lesson is to look at a stock as a piece of business not just some thing that jiggles up and down or that people recommend or people talk about earnings being up next quarter, something like that, but to look at it as a business and evaluate it as a business,” Buffet said. “If you don’t know enough to evaluate it as a business you don’t know enough to buy it. And if you do know enough to evaluate it as a business and its selling cheap, you buy it and don’t worry about what its doing next week, next month or next year.”<\/em><\/p><\/blockquote>\nPhoto Credit: Amante Gatuno via Flikr<\/p>\n","protected":false},"excerpt":{"rendered":"
In a wide-ranging interview with PBS’s “Nightly Business Report” on Jan. 22, Berkshire Hathaway chairman Warren Buffett addressed the economy, credit crisis, government stimulus bills, the Madoff scandal and his own investing strategy.<\/p>\n","protected":false},"author":67,"featured_media":1111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[21,23],"tags":[1046,1303,5209,2684,4510],"adace-sponsor":[],"spectra_custom_meta":{"_edit_last":["67"],"social_buttons":["yahoo, tipd"],"tweet_this_url":["http:\/\/digg.com\/u1QyuH"],"dsq_thread_id":["151416812"],"_thumbnail_id":["1111"],"_jetpack_related_posts_cache":["a:1:{s:32:\"8f6677c9d6b0f903e98ad32ec61f8deb\";a:2:{s:7:\"expires\";i:1693783402;s:7:\"payload\";a:0:{}}}"],"_uag_page_assets":["a:9:{s:3:\"css\";s:263:\".uag-blocks-common-selector{z-index:var(--z-index-desktop) !important}@media (max-width: 976px){.uag-blocks-common-selector{z-index:var(--z-index-tablet) !important}}@media (max-width: 767px){.uag-blocks-common-selector{z-index:var(--z-index-mobile) !important}}\n\";s:2:\"js\";s:0:\"\";s:18:\"current_block_list\";a:2:{i:0;s:14:\"core\/paragraph\";i:1;s:10:\"core\/image\";}s:8:\"uag_flag\";b:0;s:11:\"uag_version\";i:1713657651;s:6:\"gfonts\";a:0:{}s:10:\"gfonts_url\";s:0:\"\";s:12:\"gfonts_files\";a:0:{}s:14:\"uag_faq_layout\";b:0;}"],"rank_math_news_sitemap_robots":["index"],"rank_math_robots":["a:1:{i:0;s:5:\"index\";}"],"_uag_css_file_name":["uag-css-1110.css"]},"uagb_featured_image_src":{"full":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",640,480,false],"thumbnail":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet-150x150.jpg",150,150,true],"medium":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet-300x225.jpg",300,225,true],"medium_large":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",640,480,false],"large":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",640,480,false],"1536x1536":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",640,480,false],"2048x2048":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",640,480,false],"adace-sponsor":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",64,48,false],"adace-sponsor-2x":["https:\/\/inspiredeconomist.com\/wp-content\/uploads\/2009\/01\/warrenbuffet.jpg",128,96,false]},"uagb_author_info":{"display_name":"Rob Yunich","author_link":"https:\/\/inspiredeconomist.com\/author\/robyunich\/"},"uagb_comment_info":0,"uagb_excerpt":"In a wide-ranging interview with PBS's \"Nightly Business Report\" on Jan. 22, Berkshire Hathaway chairman Warren Buffett addressed the economy, credit crisis, government stimulus bills, the Madoff scandal and his own investing strategy.","_links":{"self":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/posts\/1110"}],"collection":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/comments?post=1110"}],"version-history":[{"count":0,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/posts\/1110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/media\/1111"}],"wp:attachment":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/media?parent=1110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/categories?post=1110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/tags?post=1110"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/adace-sponsor?post=1110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}