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Warren Buffet, a billionaire investor, is now buying US stocks. Buffet has announced this in an opinion column in the New York Times newspaper. Buffet expressed confidence in the US economy.

Buffet offered his investment tip. Buffet said the US market will move higher before the economy turns up. Warren Buffet said there was no need for fear for the sound companies. Big companies would have bumps in earnings but hey will get new profit records in 5, 10, 20 years’ time. So if you can invest for long term goals, follow Warren Buffet’s lead.

Source.

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This entry was posted on Friday, October 17th, 2008 at 9:10 am and is filed under News.