facebookWarren Buffet going bullish on long term outlook of Banks. Does his sentiment apply to local bank context? - Seedly

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Anonymous

18 Apr 2019

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Stocks

Warren Buffet going bullish on long term outlook of Banks. Does his sentiment apply to local bank context?

https://finance.yahoo.com/news/warren-buffett-b...

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As many commentors have pointed out, the stock market has always been increasing since it's inception. Unless the company is in a sunset industry, 10 years from now, the stock price will more or less increase. Bank stocks are just an example.

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