Warren Buffett says that distressed assets is a major investment in an interview with Charlie Rose. Talk of mortgage-backed securities, the bailout of the government. He says that if you buy distressed assets at prices of difficulty, you will make money. He also mentioned his confidence in the U.S. economy over time and ends with his classic phrase: ". They want greedy when others are afraid, you will be afraid when others are greedy"
No comments:
Post a Comment