MONEY -MARCH 28, 2011, 5:14 A.M. ET
Warren Buffett's Investing Tips in India
Buffet on selling a stock & Inflation.
online.wsj.com
From the article:"...Mr. Buffett said he would sell a stock only if some better investment opportunity came about, or if something changed at the company, such as its management, which he didn't approve of....".
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"...Why stocks matter?
To fight inflation.
"Inflation is a very cruel tax," said Mr. Buffett, because it lowers the worth of your paper money.
He said one of the best ways to keep the value of your money growing is to invest in good businesses and companies which keep growing. That helps investors "maintain purchasing power no matter what happens to the currency," said Mr. Buffett.
He advised against buying long-term bonds of any government, because both inflation and printing of new currency lowers the value of these investments.
The only better way to beat inflation, he said, is when individuals improve their earning power through further education and skills. "Maximize your talent," said Mr. Buffett...."
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Buffett: US does not need QE2
professionaladviser.com.hk
Author: Emma Dunkley
Professional Adviser | 03 Mar 2011 | 08:00
Berkshire Hathaway's Warren Buffett says the US does not need more economic stimulus right now, although he has "enormous respect" for Federal Reserve chairman Ben Bernanke.
Speaking on CNBC, Buffett says there has been a substantial amount of government stimulus since the start of the financial crisis, and he believes the US does not need as much as it is receiving with QE2.
He says the nation's employment situation is likely to improve in the coming months as the economy's growth rises, estimating the unemployment rate will be in the 7% range by 2012.
Although Buffett is bullish on US growth, he says most of Berkshire Hathaway's businesses are "inching along" rather than "chugging along."
EKS |
