Warren Buffett, perhaps the world’s most admired investor, said on Thursday that the financial panic that gripped the globe last year is a thing of the past, even as the U.S. economy’s struggles persist. At a business school today he said this:
“The financial panic is behind us. Our economy was sputtering, still is sputtering some.”
Buffett nevertheless said there is greater opportunity for investments inside the United States than outside, noting that the U.S. economy is far larger than any other. Buffett last week made a big bet when his company agreed to pay about $26.4 billion for a large percentage of the railroad company Burlington Northern Santa Fe Corp. So should we follow his advice…you be the judge.
Leave A Reply (Be The First )
The comments are closed.
No comments yet