Buffett: No Feasting on This Market

Warren Buffett says investors shouldn't get their hopes up.

Although prospects of an economic recovery may have rekindled notions of market euphoria, Buffett says lofty expectations will only disappoint stock market investors. As evidence, the chairman and CEO of Berkshire Hathaway (BRK.A Quote) pointed to Berkshire's equity portfolio.

"Our restrained enthusiasm for these securities is matched by decidedly lukewarm feelings about the prospects for stocks in general over the next decade or so," Buffett wrote in his annual letter to shareholders released Saturday morning. ...