Warren Buffett: ‘We’ve, Net, Bought $12 Billion Of Common Stocks Since The Election’

In an interview aired Friday, famous stock investor Warren Buffett told talk show host Charlie Rose that he’s bought billions of dollars worth of equities since Election Day. The “Oracle of Omaha” revealed to viewers:

We’ve, net, bought $12 billion of common stocks since the election…

(Editor’s note: Bold added for emphasis)


“Buffett Says He’s Bought $12B In Stock Since Election”
Bloomberg Video

I just blogged about Buffett last Wednesday concerning his belief the United States will be fine under a Trump administration and his long-term outlook for stock prices. From that January 25 post:

Last Thursday, famed investor and Hillary Clinton backer Warren Buffett spoke to CNBC about his thoughts on the United States with Donald Trump at the helm. The third-richest man in the world told viewers:

Certainly he has the most important job in the world. But, America works. And I’ve said this before, it would work wonderfully under Hillary Clinton. I think it will work fine under Donald Trump. We’ve got the “secret sauce.” And it doesn’t work all the time perfectly. But you just look at where we go- milestone after milestone. And, never bet against America.

(Editor’s note: Bold added for emphasis)

The chairman and CEO of Berkshire Hathaway also talked stocks. He predicted:

I have no idea what the stock market’s going to do in the next year. I do know it will be a lot higher 10 years from now and 20 years from now

(Editor’s note: Bold added for emphasis)

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

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Tuesday, January 31st, 2017 Government, Investing, Stocks

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