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Message: INDUSTRY BULLETIN - 'Get Greedy and Buy Shares Now' says Buffet

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INDUSTRY BULLETIN - 'Get Greedy and Buy Shares Now' says Buffet

posted on Oct 17, 08 08:03AM

Dear shareholders,

Warren Buffet, renowned investor and op-ed contributor to the New York Times states;

A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.

Click here to view article in its entirety.

Regards,

AGORACOM Investor Relations

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