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Buffett puts it all into perspective November 22, 2010

Posted by shaferfinancial in Finance.
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Most readers know I trust Buffett with a lot of my money. So I can hardly be described as unbiased, but I believe Buffett in is letter to the editor for the NY Times last week put the last couple of years into perspective for us. What we know now was how close we came to a real meltdown of our major institutions and massive unemployment. The government come to our rescue. Now it hasn’t been without major inflicted pain. And we are still far from healthy. But, we see corporate profits improving quarter after quarter. And with improving profits come jobs from both large and small enterprises.

So, now is the time to think about the future, based on what we just went through. And if you have invested heavily in the bond market, mark my words, now is the time to get out. Buffett has made that entirely clear with recent comments.

Take some advice from someone who has proven a superior investor in decade after decade.

Enjoy the Thanksgiving Week. We will go to Mass. and hang out with relatives.



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