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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Alias Shrugged who wrote (43363)5/16/1998 8:29:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 58727
 
quote from barrons:

America's most
famous investor also
is cautious. Warren
Buffett, chairman of
Berkshire
Hathaway, says
stocks now don't
offer much of a
"margin of safety."
In an interview with
Adam Smith to be
aired over the
weekend on PBS,
Buffett says that, if
American
companies can
continue generating
a record 20% return
on equity, stocks
aren't overvalued.
But he maintains
that it "takes a rosy scenario to justify these prices. That may turn out to be
true, but I have not made money in the past betting on rosy scenarios."