Warren Buffett: The Street-Wise Hercules

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I can say for those who watch the market up and down everyday nobody could have the patience to wait till this level to jump in. Even though this is not the lowest point, he has successfully avoided the chance of getting 10 to 20 years for the market to come back his entry point.

Artland Hung 6:47AM October 20, 2008

Warren Buffet is just worried that his recent stock purchases will drop further in price. Why is he telling us his "secret" then? Only to prop up the market? It won't happen. We are at the beginning of a deepp recession. Stocks will fall much more.

Out of the woodwork come the messiah, oh, oracle of 12:17AM October 18, 2008

Value is only when PEs reach about 5. Then it is time to buy.
The US economy has to shrink a long way before value returns to the market

Kenny Ghata of LA 3:59PM October 17, 2008

If he's not America's financial guru with an unmatched track record, who would be your choice?
And oddly enough his insight is so basically correct that you wonder why so many would have to be reminded.

G. Hoke of PA 3:58PM October 17, 2008

I work in the investment industry and last week was one of the worst weeks for our office, however, my boss follows the same way of thinking as Mr. Buffett. I actually invested my little $500.00 bonus while others were selling. It's extreamly sad see some retired clients sell at the bottom, what a catasthrophe.
I hope to be as wise as Warren one day.

Pia Hart of CA 3:03PM October 17, 2008