Cerebral Shangrila

Sunday, October 19, 2008

US equities

After weeks of carnage, is there still hope left for equity investors? At least one Man thinks so. Warren Buffet is confident that equities would outperform Cash in long-run (Ha, the long run).

Why does he think its a good time to invest now? - "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful".

However the short-term is still anybody's guess .

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