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Take a Long-Term View When Investing: Author

Friday, 19 Oct 2012 | 3:30 AM ET

Michael Lee, author of Knowing Our Future, tells CNBC that prominent investors like Warren Buffet take a long-term view and look at human needs when picking investments, "If you look at his portfolio a lot of it is to do with food, beverages and things that won't go away quickly", he added.