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Warren Buffett Looking For Bargain Prices Despite 2008 Setback
Famed investor Warren Buffett didn’t fare much better than anybody else in 2008. But the Oracle of Omaha remains optimistic, convinced that investors who brave today’s fierce financial tempest will be rewarded in the long run.
“I’ve been buying American stocks,” Buffett said in an editorial in The New York Times. “This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds… If prices keep looking attractive, my non-Berkshire net worth will soon be 100% in United States equities.”
As the world’s richest man, Buffett offers a kind of comfort that few others can. And…
12Feb2009 | Money Morning | 0 comments | Continued
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