The Warren Buffett way

Time for a quick hit, baby. I was just surfing when I crashed into this little number of a story. Seems the Warren Buffett way of investing is a pretty good way. Word on the street is that duba-duba-WB just overtook the top spot on the Forbes top 400 list as the richest American. Added a cool 8 billion to his net worth, see? But don't get fooled ... WE'RE IN A RECESSION AND WE'RE ALL GOIN' DOWN (snicker)!!!

Know why Buffett is feasting on the riches? Because he still invests when things turn south. The market's on sale, and he's buyin' wholesale. He doesn't get freaked out when he turns on the 6 o'clock news. When it comes to investing; think long term, look for a proven mutual fund track record, and don't jump ship at the first sign of trouble.

I'm out, bub.

1 Comments:

Anonymous Tom - Recession Proof Jobs said...

Long term is the way to go. Warren Buffett's way of thinking is solid gold if you are looking into investing in blue chips

October 14, 2008 5:14 AM  

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