Warren Buffett: I'm buying Stocks

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Warren Buffett: I'm buying Stocks

Posted by sunnyspeaks 386 days ago, popular 386 days ago (http://money.cnn.com)
Category: Stocks | Tags: economy market stocks warren buffet

Billionaire investor Warren Buffett used a guest commentary article in the New York Times on Friday to announce that he's sticking with stocks. Buffett, the so-called Oracle of Omaha for his ability to buy up the right companies at the right time for his holding company Berkshire Hathaway (BRK.A), said the worst may not be over for the faltering economy.

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Cheapsuits 386 days ago

here is the link to his actual Op-Ed piece: http://www.nytimes.com/2008/10/17/opinion/17buffett.html?_r=2&ref=opinion&oref=slogin&oref=slogin

wangarific 386 days ago

It's interesting that he takes such a long view of things despite his age.

ptmoney 386 days ago

This story needs to be weighted with his thoughts on diversification and risk. I hope people don't run out and buy just a handful of individual stock (to rely on in retirement) because of this.

paulronan 386 days ago

The man is a genius. And also one of the only people who can make you feel good about a quote like, "Bad news is an investor's best friend, It lets you buy a slice of America's future at a marked-down price." For as much as we admire American individualism and glorify the boldness of Wall Street traders, investors are for the most part exhibit herd mentality, in good times and bad.

davidhallstrom 386 days ago

I don't know about the rest of you but I'm buying again. I may be wrong but I think we have hit close to bottom and as long as you do your research you should come out okay. There are some very good bargains out there.

nickel 386 days ago

"I don't know about the rest of you but I'm buying again."

We never stopped buying. I learned a long time ago that I'm not going to outsmart the market.

donnyg16 386 days ago

If Warren Buffett is buying stocks, dang it, I am buying stocks too. I just got to figure out which ones

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