The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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Nov 4 4:00 PM EST

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To: Boca_PETE who wrote (1387)	9/1/2001 8:14:44 PM
From: sea_biscuit	Read Replies (1) of 10065

Warren Buffett has denied the reports attributed to him about the coming economic stagnation. However, it has to be kept in mind that in his 1999 Fortune interview, Buffett had forecast annualized returns of 4% to 6% for the markets over the next 17 years. He also says in that interview, that the economy will continue to chug along at a nice rate, growing at its historical 3% to 4% every year. It is the stock-markets that will disappoint. And btw, are you confusing Jeremy Siegel with Robert Schiller? The latter is the author of "Irrational Exuberance". While Siegel is not a big bull, I don't think he is all that bearish either.

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