SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : NOTES

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Didi who started this subject8/25/2001 4:36:58 PM
From: Didi  Read Replies (2) of 2505
 
<font color=green>"Buffett Disputes Article", 8/25/01...

"Buffett Disputes Article":
omaha.com

Business Week Magazine:
businessweek.com

==========================================

>>>Omaha World-Herald Online Edition

Published Friday
August 24, 2001

Business Digest: Buffett Disputes Article









MIDLANDS

Buffett Disputes Article

Warren Buffett dismissed as "silly" an article in the Sept. 3 issue of Business Week magazine that says he expects the U.S. economy will remain in a slump for eight years.

"It is a silly story," said Berkshire Hathaway Inc., of which Buffett is chairman and CEO. "Mr. Buffett has never made an eight-week, or an eight-month, let alone an eight-year forecast, and he doesn't plan on doing so."

Buffett was reported as predicting the economy will remain in a standstill because of a "hangover effect" of the swift growth in the late 1990s.

The report cited an undisclosed "private equity investor who has heard the Sage of Omaha's reasoning." - Bloomberg News <<<
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext