Warren Buffett: Why You Should Avoid Growth Stocks like Intel and Microsoft - Vidude

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Warren Buffett: Why You Should Avoid Growth Stocks like Intel and Microsoft

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This is a clip from the 1997 Berkshire Annual Shareholder Meeting, where Warren Buffett explains why he did not invest in companies like Intel and Microsoft. These are complicated technology stocks that grow at a tremendous rate, and it is because it is difficult to picture where these growth stocks will be at 10 years from now that Warren Buffett did not invest in those companies.
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