This is an opinion piece written by Warren Buffett and published in the New York Times on Friday, October 17, 2008, right at the peak of the global financial crisis.
I don’t like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: “Put your mouth where your money was.” Today my money and my mouth both say equities.