As much as I would like to come up with witty things to say or profound ideas about investing that are fresh and inspirational, sometimes you just have to “borrow” it from the best….I love this picture….Dairy Queen is way underrated, in my opinion. The burgers are fantastic, the breakfast superb, and the ice cream is always good…..
Warren Buffett on CNBC, Wednesday September 24th:
“In the short-run the stock market is a voting machine, in the long-run it’s a weighing machine. As a voting machine, it responds to people’s emotions. There’s no literacy test for voting. You vote according to how much money you have, not according to how smart you (are.) So the stock market does some very silly things in the short-run. Over the long-run, it behaves quite rationally. And, you know, five years from now, ten years from now, we’ll look back on this period and we’ll see that you could have made some extraordinary buys. That doesn’t mean it won’t get more extraordinary a week or a month from now. I have no idea what the stock market is going to do next month or six months from now. I do know that the American economy, over a period of time, will do very well, and people who own a piece of it will do well”
The burning question, and one that Warren Buffet is quick to admit that he CAN’T answer, is “When will it turn around?” Lately, several authorities have been questioning IF it will turn around.
As co-founder of Chappell, Mayfield & Associates, Cass offers expertise in financial planning, wealth accumulation, retirement planning, insurance planning, business continuation planning, and employee benefits.
Cass launched his financial planning career as an agent for Prudential Financial in 1996, and later, a manager in the company’s financial services division. Since then, Cass has earned the CFP®, CLU, and ChFC designations, reflecting his commitment to excellence in investment decision-making and financial planning. He also holds a B.S. in Management from Georgia Tech.
Cass has lived in Atlanta since 1992 and is married to Alison.