What Warren Buffett is Doing for Investments
Warren Buffett does not normally identify his investment strategies, but that doesn’t stop everyone from asking, as happened when he showed up in support for Senator Hillary Clinton’s campaign in December. But his recent actions can be commented on. He recently jumped on BNSF Railway, when their stock hit a 52-week low. Buffett said last month in a CNBC interview that “It is the nature of capitalism to periodically have recessions…It isn’t the end of the world. As a matter of fact, for an investor it turns out to be the times when you make your best buys. The American economy is going to do fine over time.” Buffett also recently purchased 60% of the Marmon Group, who much essential albeit mundane industrial products, and is still a private company. The financial sector, however, he has not touched for awhile.
Related posts: