25 July 2012 Warren Buffett likes bank stocks, just not investment banks. And for good reason. By avoiding common stock bets on investment banks like JPMorgan Chase, Goldman Sachs, Citigroup, and Morgan Stanley the “Oracle of Omaha’s” financial sector share investments have greatly outperformed most other investors. Of course, Buffett made preferred share investments in […]
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25 July 2012 Warren Buffett says he’s worried about the fate of the euro zone, however despite signs of recent weakness, he remains optimistic about the US economy. Speaking about Europe, the 81-year old legendary investor and billionaire referenced Abraham Lincoln, saying a house divided cannot stand as he addressed the Economic Club of Washington. […]
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As concerns mount that the United States is headed for a recession, two famous minds offered opposing takes on what’s in store for the U.S. economy. In one corner was the Oracle of Omaha, Warren Buffett; in the other, the 42nd President of the United States, Bill Clinton. Speaking at the 25th anniversary dinner of […]