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Wednesday, October 01, 2008

WARREN BUFFET SWOOPS IN ON THE BARGAIN BASEMENT MARKETS


It is interesting to see Warren Buffett go on a shopping spree as the markets are very, very low. He is an entrepreneur with deep pockets and he knows a bargain when he sees one and knows how to capitalize his funds.

So far, his legendary Berkshire Hathaway has invested US$3 billion in General Electric this week and US$5 billion in Goldman Sachs last week.

Photo of Warren Buffet from http://www.youngentrepreneur.com/blog/2008/01/22/hang-out-with-people-better-than-you-warren-buffet/

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