The following interview with Warren Buffett, taken from the November 1, 1974 issue of Forbes magazine, still makes for interesting and useful reading today.
How do you contemplate the current stock market, we asked Warren Buffett, the sage of Omaha, Neb.
"Like an oversexed guy in a whorehouse," he shot back. "This is the time to start investing." [Forbes substituted 'whorehouse' with 'harem' when they printed the story -- a sign of the times.]
The Dow was below 600 when he said that. Before we could get Buffett's words to print, it was up almost 15% in one of the fastest rallies ever.
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