Saturday, August 18, 2007

Buffet Says Market Choas Creates Buying Opportunities

Buffet Says Market Choas Creates Buying Opportunities

Aug 2007

Warren Buffet in an interview Thursday with CNBC's Becky Quick said he is optimistic the current market downturn will probably create buying opportunities.

"You get more excited when there's a lot going on, you can't help it," said the chairman of Berkshire Hathaway. "And frankly, it will probably present more opportunity to us because when dislocations occur, things get more mispriced and that sort of thing ..."

Hmmm...one man's trouble is another man's opportunity...rather, more precisely, common peoples' troubles are uncommon peoples' opportunities...

Via: Xinhuanet

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