Buffett – Raising the Roof?

Tuesday, October 21st, 2008 by Cass Chappell, CFP®

buffett-raising-the-roof

Per the October 20, 2008 edition of Barron’s, Warren Buffett revealed that he was now buying US stocks in his personal account (which had previously been invested solely in US Treasuries).  He emphasized that he hasn’t any idea where the market will go in the short term, but he’s confident that it will improve before investor sentiment or the economy does.  Mr. Buffett also went so far as to say that most major companies “will be setting new profit records 5, 10 and 20 years from now.”

 

These are the opinions of Warren Buffett and are for informational purposes only.  This is not intended to provide specific advice or recommendations for any individual.  Consult me, your financial advisor, prior to making any investment decisions.  Past performance is no guarantee of future results.  Indexes are unmanaged and cannot be invested into directly.

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