August 2nd, 2008

I just read. I read all day.

Warren Buffett when ask "How do you get your ideas?"

I just read. I read all day. I mean, we put $500 million in PetroChina. All I did was read the annual report. [Editor's note: Berkshire purchased the shares five years ago and sold them in 2007 for $4 billion.]

   ---- excerpts from a Fortune Article "What Warren thinks... With Wall Street in chaos, Fortune naturally went to Omaha looking for wisdom. Warren Buffett talks about the economy, the credit crisis, Bear Stearns, and more."  By Nicholas Varchaver   

Posted by tenthlivesss at 08:02 AM | make investment
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