Warren Buffett Buying Stocks

By on October 17, 2008

Warren Buffett, without a doubt the world’s most famous investor, said he is buying stocks because a rule that he follows is to be greedy when others are fearful. Buffett realizes the news is extremely bad now, but believes sound companies will be setting earnings “records in five, 10 and 20 years from now.”

Sources:

http://www.nytimes.com/2008/10/17/opinion/17buffett.html?_r=1&oref=slogin

http://biz.yahoo.com/rb/081017/business_us_buffett.html?.v=1

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Marker: Dow 8,980
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