Friday, October 03, 2008

Warren Buffet Is He All In?

Warren Buffet has held true to form and invested when others are too scared to get out of bed in the morning. He bought into Goldman (GS) and GE (GE). Wells Fargo that he has previously bought into just snapped up Wachovia (we think)

So the question becomes what is left to buy at insane bargain prices that value investors love? Remember it has to be a quality franchise.

Or will the next move need more long term clarity? Remember he waits for a big fat pitch.