Warren Buffett - "Buy American, I am."

Warren Buffett has recently posted on New York Times.

He revealed in his post that he has been buying stock for his personal account during the current stock market maniac.
For the simple reason being, "it's cheap now"

In it, he also reveal one of his investment strategy.

"Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors."

And he also revealed that why you should invest and not hold on to your cash now.

"Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."

Below is the link to his post and the corresponding report from CNBC.

NY Times Post




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