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Are you bullish about the U.S. for the long-term?
Are you bullish about the U.S. for the long-term?
Buffett and the students went to Piccolo Pete's for lunch and root bear floats.
•  Read the full story.
The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway. But it stands to reason. I mean, we get more productive every year, you know. It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.

NEXT: Are the U.S. financial markets losing their edge?
Last updated April 14 2008: 12:24 PM ET
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