Thursday, September 2nd, 2010

Warren Buffett: Distressed Assets a Great Investment

25


Warren Buffett says that distressed assets are a great investment in an interview with Charlie Rose. He talks about Mortgage-Backed Securities, the government bailout. He says if you buy distressed assets at distressed prices, you will make money. He also mentions his confidence in the US economy over time, and closes with his classic quote: “You want to be greedy when others are fearful, you want to be fearful when others are greedy.”

Comments

25 Responses to “Warren Buffett: Distressed Assets a Great Investment”
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  3. ezrhino100 says:

    you should all go out and buy ‘distressed assets’ and see how far the oracle’s advice gets you.

  4. silvercelli says:

    Fantasy Land!

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  7. JackBassbusinessteam says:

    today the distressed assets are – the ownner of Merrill – Bank of America.
    BofA is now seeing credit card quality up and lower wrrite downs of those assets and mortgages. get ahead of the market with the same principles Warren talks about .

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    THE MOST FUNDAMENTAL QUESTION OF ALL:
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  14. DLUVRL2 says:

    this is the same man that won’t give his own grand daughter money for college?wtf? he has money to wipe on man.

  15. fxausa says:

    great interview! kudos!

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  18. 407buddy says:

    Who cares?…

    Blah Blah Blah,… you can’t win folks.
    Wall Street is rigged and a fraud.
    Govt economic data is a fraud.
    Bernanke, Geitner, Roubini all frauds.
    Stay away don’t get screwed.
    Stick to something that is real, take delivery
    and ownership of silver and gold bullion.
    Guard it well, keep it in the family.
    Peace.

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  20. pegobuilders says:

    invest ethically in “green” pensions, insurance pensions, mortgages & other financial products

  21. AshjenCapital says:

    greed is good

  22. jomman17 says:

    why? because he supports obama? because he’s a rich person supporting obama?

  23. 23580578HHH says:

    i love you warren

  24. SadeTabitha says:

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  25. eleanoquilly says:

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