Sunday, 19 October 2008

Article by Warren Buffett on why he is investing now

Here's a link to read an article by Warren Buffett, originally published in the New York Times on Friday 17th October 2008. In it he details why he's actively buying US shares at present and if valuations continue at their current level, why he'll have 100% of his personal net worth invested in US equities shortly.

This is a man who has over 60 years' investing experience and who has accumulated a fortune that makes him the wealthiest man on the planet.

It might give some food for thought to anyone who's thinking about suspending their pension contributions or switching to cash due to the current market turbulence.

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