Monday, 2 March 2009

Buffett Says U.S. Economy ''In Shambles.´´ He Says Recovery May Take Longer Than Expected

Click here for the link to Bloomberg News' story on Warren Buffett's annual letter to shareholders. Good news is that he sees good opportunities in the market -- and he will buy. Markets unfortunately didn't react to his overly-optimistic message: The Dow Jones Industrials fell below 7,000 for the first time since 1997 today. Please see the graph above -- spooky!

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