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Buffett: It would surprise me if stock prices drop 50%

From cnbc.com

Warren Buffett told CNBC on Friday he would be "surprised a lot" if stock prices around the world fell 50 percent from their current levels in the near future. He predicted there will be another financial crisis "someday" in the years ahead that will shock financial markets, but he doesn't think it will happen anytime soon. "Humans will behave in crazy ways, both on the upside and the downside in the next 50 years. It's very unlikely they do it in the next few years because after something like 2008, once they get out of the emergency room, they're a little more careful for awhile." During an appearance on CNBC's ... (full story)

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