Sunday, May 06, 2007

More from Warren Buffett on the state of the investment landscape

There is an informative article on Bloomberg by Josh Hamilton and Jesse Westbrook entitled "Buffett Says Berkshire Is Ready to Buy 'Big Business' (Update2)" which offers more clues from Warren Buffett about the investment landscape. I say "clues", beacause that's what they are, clues as to how his mind works, but rarely in a form ready for making direct investment decisions. As usual, he tells us his biggest investment challenge:

"The challenge is really to find ways to put the money out intelligently," Buffett said in an interview before yesterday's meeting. "We have 10 or more billion dollars a year coming in that's free to go into almost anything."

-- Jack Krupansky

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