Warren Buffett Says to Abandon The 1-Year Investing Horizon Because it's Pointless, 'We Recommend Not Less Than a Five-Year Test'

In a climate where quarterly earnings and one-year performance metrics dominate headlines, Berkshire Hathaway CEO Warren Buffett offered a contrarian viewpoint on how to truly measure a company’s success. “We never take the one-year figure very seriously. After all, why should the time required for a planet to circle the…