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Buffett's Investment Plan: Buy and Hold

Despite the economy's slow pace, Warren Buffett maintains the U.S. is functioning "pretty darn well now." In an interview ahead of the annual Berkshire Hathaway (NYSE:BRK.A) shareholder meeting, Buffett shared with FBN's Liz Claman his opinions on everything from the state of the economy to Twitter, and from gold to women in the workplace. "I don't think the U.S. is terribly vulnerable," said the Oracle of Omaha, though he admitted the recovery is a lot slower than most would like. "But it is a recovery, and it's a constant recovery – and you can say Europe has got plenty of problems," said Buffett, drawing a line between the U.S. and the euro zone. Unrest abroad hasn't shaken Buffett's commitment to his investments, though. He reaffirmed his belief in investing for the long-term, and advised investors not to get scared off by headlines in the news. "I think that investors should own businesses they want to own for 5 or 10 years, and they shouldn't worry about Cyprus or Europe or anyth...

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  1. Electric car maker Coda files for bankruptcy

    Green car startup Coda Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday after selling just 100 of its all-electric sedans, another example of bat...

  2. Morgan Stanley hires Washington veteran for corporate affairs

    Morgan Stanley has hired Michele Davis, a public relations official and policy director who helped shape the Treasury Department's strategy during the financial cris...

  3. Former Goldman head Stephen Friedman retires from board

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