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Tuesday, May 27, 2008 |
Buffett: US headed for longer and deeper recession |
Warren Buffett joins many other economists and financial experts in stating the US is already in recession and it will be "longer and deeper" than most people expect.
However, recession or not, he's still interested in investing in companies.But he said that won't stop him from investing in selected companies and said he remained interested in well-managed German family-owned companies.
"If the world were falling apart I'd still invest in companies," he said. For complete article, see:
Reuters: Buffett sees "long, deep" U.S. recession |
posted by Ruby @ 6:41 AM
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