Quote of the Day – Buying American

“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.

FILED UNDER: General,
James Joyner
About James Joyner
James Joyner is a Security Studies professor at Marine Corps University's Command and Staff College and a nonresident senior fellow at the Scowcroft Center for Strategy and Security at the Atlantic Council. He's a former Army officer and Desert Storm vet. Views expressed here are his own. Follow James on Twitter @DrJJoyner.

Comments

  1. DL says:

    Hit the market quick and buy an island in the boonies of the Indian Ocean somewhere, before Obama takes it all.

  2. Triumph says:

    Buffet is a scumbag of Sorosian proportions.

  3. DC Loser says:

    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.

  4. Brian says:

    I’m not sure if Triumph is serious here or not.

    That’s sort of the beauty of Triumph’s humor.

  5. Matt says:

    That’s sort of the beauty of Triumph’s humor.

    seconded