Buffett waiting for shares to get "very cheap" – Telegraph

Buffet thinks we are in a recession and there is further to fall.
Would say I agree, but what is cheap. What would the Dow Jones be at to signal this…… sub 10,000?

Buffett waiting for shares to get “very cheap” – Telegraph: “The billionaire investor, who last week published his annual letter to Berkshire shareholders, said shares are not currently cheap and he’s waiting for them to become ‘very cheap’.”

3 comments for “Buffett waiting for shares to get "very cheap" – Telegraph

  1. Anonymous
    March 14, 2008 at 7:11 pm

    Fed attempts to stabilize the situation have failed.

    Containment has failed.

    Attempts to control inflation (by talking it to death) have clearly failed.

    Gold closed at $1,000.00 an ounce. Oil closed over $110 a barrel.

    How much will the Fed cut next week? They are running out of bullets, the endgame draws closer, I can only assume more people will realise and then the true panic sets in. I was too early, saw it coming 2 years back,not that its done me any good. Looking to make money on the way down. Liking your sub 10,000 call.

  2. Anonymous
    March 14, 2008 at 7:11 pm

    Fed attempts to stabilize the situation have failed.

    Containment has failed.

    Attempts to control inflation (by talking it to death) have clearly failed.

    Gold closed at $1,000.00 an ounce. Oil closed over $110 a barrel.

    How much will the Fed cut next week? They are running out of bullets, the endgame draws closer, I can only assume more people will realise and then the true panic sets in. I was too early, saw it coming 2 years back,not that its done me any good. Looking to make money on the way down. Liking your sub 10,000 call.

  3. Anonymous
    March 14, 2008 at 7:11 pm

    Fed attempts to stabilize the situation have failed.

    Containment has failed.

    Attempts to control inflation (by talking it to death) have clearly failed.

    Gold closed at $1,000.00 an ounce. Oil closed over $110 a barrel.

    How much will the Fed cut next week? They are running out of bullets, the endgame draws closer, I can only assume more people will realise and then the true panic sets in. I was too early, saw it coming 2 years back,not that its done me any good. Looking to make money on the way down. Liking your sub 10,000 call.

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