Saturday, July 9, 2011

Warren Buffett “Would Bet Very Heavily Against” a Double-Dip

Warren Buffett says he sees “nothing that indicates any kind of a double-dip” recession is coming, and that he’s seeing improvement and hiring gains in the vast majority of Berkshire Hathaway’s businesses. Buffett also talks about the overall employment situation in this interview with Bloomberg.

1 comment:

  1. I do not believe that many investors realize this about the holding company Berkshire Hathaway. When buying shares in warren buffetts holding company they believe they are getting the same deal that someone buying shares in berkshire hathaway was getting in the past. I have heard warren buffett comment in interviews do not buy Berkshire Hathaway stock simply put because of the extreme popularity of warren buffett and his holding company and its great historical record of performance the shares generally trade at a premium not a good value investment. Another thing about Berkshire Hathaway that Warren Buffett has commented about in interviews is because of the enormous size of Berkshire hathaway the holding company is forced to buy large cap and mega cap stocks which generally do not deliver real large returns. But in spite of all of this talk from Warren Buffett many investors fail to heed his advice