Friday, October 17, 2008

Buffett Takes My Advice to Buy Low

Though he doesn't cite me ;(

"In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary," Buffett wrote.

But for that reason, the Berkshire CEO said, he has converted his personal portfolio almost entirely to U.S. stocks. Previously, he said he owned nothing but Treasury bonds.

My previous tongue-in-cheek gloating about my benefiting from the financial crisis here.

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