The glitch that shut down the Nasdaq for a few hours on August 22 apparently made a few investors think about shutting down their trading and investing activity.
It wasn’t the Nasdaq glitch – which the exchange took responsibility for this week – so much as it was a statement by the legendary investor Warren Buffett that I broke out in explaining how investors might look at a market blackout.
Buffett has said that he buys investments “on the assumption that they could close the market the next day and not reopen it for five years.”
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