Warren Buffett says that he believes that Ben Bernanke did the right thing he kept us from going into the precipice he took the actions that were necessary to prevent the country from going down , Ben Bernanke should be reconfirmed without a question in the mind of billionaire investor Warren Buffett...
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Showing posts with label Ben Bernanke. Show all posts
Showing posts with label Ben Bernanke. Show all posts
Sunday, January 31, 2010
Wednesday, September 16, 2009
We are Buying Stocks despite the Recession is not over Warren Buffett
Warren Buffett of Berkshire Hathaway says he is buying stocks again but does not believe that the recession is ending ...
In a video interview with CNNMoney.com posted on the Fortune website today, Warren Buffett was asked if he agrees with Federal Reserve Chairman Ben Bernanke's comment this morning that the recession is probably over, from a technical standpoint.He answered :
"I don't know the answer to that ... and I don't worry about it too much. We're buying stocks this morning, I can tell you that. I'm not buying them based on whether we're coming out of the recession in three months or six months or a year. I'm buying them because I think we're getting good value over time. And I think it is a mistake for investors to focus on business forecasts instead of looking at the intrinsic value of the business."
In a video interview with CNNMoney.com posted on the Fortune website today, Warren Buffett was asked if he agrees with Federal Reserve Chairman Ben Bernanke's comment this morning that the recession is probably over, from a technical standpoint.He answered :
"I don't know the answer to that ... and I don't worry about it too much. We're buying stocks this morning, I can tell you that. I'm not buying them based on whether we're coming out of the recession in three months or six months or a year. I'm buying them because I think we're getting good value over time. And I think it is a mistake for investors to focus on business forecasts instead of looking at the intrinsic value of the business."
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Ben Bernanke,
Investment Strategy
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