Tuesday, December 14, 2010
Buffett: The next 10 years, far more than the cash value of the stock.
<P> "Greedy when others fear and greed when others are fearful." Global financial market turbulence on the occasion, "Warren" Buffett recently has brought his famous, and began to buy shares of the admission. .</ P> <P> 17 May, Buffett, "New York Times," the author said that although the U.S. economy is "bad" state, but he is buying American stocks. .He believes that the long-term U.S. stock market will rise over the next 10 years will be far more than the cash value of the stock. .</ P> <P> "Do not wait to know more birds into the market again" </ P> <P> Buffett believes that the international financial markets into chaos, the crisis has spread to the entire economy, and the tendency to expand. .He said, however, is using his personal funds to buy U.S. stocks. .Before that, his personal account only the United States government bonds, no stocks. .</ P> <P> Buffett explained: "emotion of fear is spreading, experienced investors are not immune." But the market trends in keeping with his investment philosophy admission. ."If the price is right, I will own all the money into the U.S. stock market." </ P> <P> he said can not predict the short-term stock market movements, but in the long run, the stock market rebound, the index rose in the economic recovery may be .. ."If you wait to know more birds, the time has missed the rebound." </ P> <P> Buffett warned that investors should lower the competitiveness of the highly leveraged entities or business transactions remain vigilant. .At the same time, concerns about the United States competitive, healthy and long-term business performance "does not make sense." .While the profits of these enterprises now in decline, but in 5, 10 or 20 years, most of the profits of large enterprises will be a new high. .</ P> <P> Buffett's recent adverse economic stake in U.S. companies twice. .On 23 April, he announced through the purchase of way to the Goldman Sachs equity injection of 5.0 billion. .Oct. 1, Buffett once again announced it will spend 3.0 billion, through its subsidiary Berkshire Hathaway General Electric preferred shares subscribed. .</ P> <P> In addition, Buffett, or other transactions behind the scenes of some big supporters. .For example, Berkshire Hathaway is currently the largest shareholder of Wells Fargo; Wells Fargo has 150 billion acquisition of the fifth-largest U.S. bank - Wawei Ochoa Bank. .</ P> <P> In fact, Buffett has recently provided funds for the acquisition of far more than the two transactions. .April 29 this year, Mars company with 230 billion dollars to buy the Wrigley chewing gum, sugar Co., Ltd., a move the U.S. candy business into one of two signs. .In this transaction, the Berkshire Hathaway offer of 44 billion dollars in subordinated loans. .Dow Chemical Company announced on July 10 to spend 15.3 billion acquisition of Rohm and Haas Company. .In the deal, Buffett provided to the Dow Chemical Company about 30 billion dollars in financing. .As part of the deal, Berkshire Hathaway bought $ 3,000,000,000 worth of Dow Chemical convertible preferred stock. .</ P> <P> U.S. bailout plan could lead to inflation </ P> <P> Buffett warned that the U.S. government's rescue plan may lead to inflation, then investors hold rapid decline in real purchasing power of cash .. .He said, almost certainly, the performance of the next 10 years will largely preferred over cash. .Investors do not hold out hopes on good policy. .Otherwise, they hold the cash will increase with the devaluation of the money supply. .</ P> <P> "They forget that the United States ice hockey star Wayne Gretzky's advice - 'I skate to where the direction of ice hockey, ice hockey, not so catching slide left.'" Buffett said .. .</ P> <P> Buffett article was published the day, the stock market rise was tenacious, but finally could not resist selling pressure to fall. .</ P> <P> in the financial crisis, Buffett has been more than a "stock god", but rather a sign of market confidence. .</ P> <P> New York University's Stern School of Business Financial historian Richard Sheila said, "Buffett's approach, Mr. Morgan, a hundred years ago is very similar to our time being be called 'by .Lee patriotism '(profitable patriotism). "</ P> <P> recommendations to the public for the first time Buffett buying American stocks in 1974. .From historical experience, Buffett judgments for the top and bottom than the market for several months or even a year earlier. .He also admitted that good at forecasting short-term market trend, and said, "No one is always right on the market, Buffett can make mistakes." .</ P> <P> Buffett warned that investors should lower the competitiveness of the highly leveraged entities or business transactions remain vigilant. .</ P>.
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment