http://sify.com/finance/fullstory.ph...
This article is on Warren Buffet and makes a note to the wealthiest ppl on the planet. What it says, is that they are buying when everyone isn't. He bought $5B worth of Goldman-Sachs when people are selling financials like crazy. I know it doesn't affect us at all, but the mentality of this brilliant mind can't be ignored. When everyone sells at discounts, he buys....buy low sell high. Nice to see a cool head in this turmoil...but I just watched him on a program and he doesn't seem to be worried lol...sure he has billions, but still isn't worried...thinks the bail out is a wonderful idea. I hope Congress smartens up for tomorrow as well.
Any comments to this?
Rocco:)