Warren Buffett is buying stocks

“The financial world is a mess, both in the United States and abroad,” says Warren Buffett . “In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary,” he said.

So what is the richest man in the world doing? “I’ve been buying American stocks,” said Buffett. “Why? A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”

Advertisements
This entry was posted in 2008 Election, Blogroll, Politics, Society and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s