Quote of the Day – Buying American
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James Joyner | Friday, October 17, 2008 |
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett, explaining why he’s putting billions of his personal funds into buying U.S. equities.
About the Author: James Joyner is the publisher of Outside the Beltway and the managing editor of the Atlantic Council. He's a former Army officer, Desert Storm vet, and college professor with a PhD in political science from The University of Alabama. He lives just outside the Beltway in Alexandria, Virginia with his wife and infant daughter.
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Hit the market quick and buy an island in the boonies of the Indian Ocean somewhere, before Obama takes it all.
Buffet is a scumbag of Sorosian proportions.
I'm not sure if Triumph is serious here or not. Buffett is only stating the obvious investment strategy. Buy Low, Sell High. I view the current situation as a great opportunity to buy cheap stocks and hold them for my retirement. Same thing to give my kids a head start for their nest egg. Of course, it helps to have some cash to do this.
I'm not sure if Triumph is serious here or not.
That's sort of the beauty of Triumph's humor.
That's sort of the beauty of Triumph's humor.
seconded
