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Wednesday, March 5, 2008

Warren Buffett Watch

Hi,
My recently posted Buffett Watch 16 posted CNBC's Interview with warren Buffett, Mr. Buffett said that the US economy was in recession and that stocks were "not cheap".

My pervious posted Warren Buffett Interview Warren Buffett on Monday told CNBC he is no longer offering to guarantee $800 million of municipal bonds backed by MBIA Inc, Ambac Financial Group Inc and FGIC Corp, three large bond insurers.

Earlier back my posted Berkshire Hathaway Net Income Rose 20%, an 18 percent fall in fourth-quarter profit for Berkshire Hathaway, net income for Berkshire Hathaway rose 20 percent in 2007.

Warren Buffett also release his letter to shareholder last Friday, my posted Warren Buffett 2007 Letter to Shareholder had some of CNBC's highlights of the letter.

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