Sunday, January 20, 2008

What would warren do:)

One of my all time favorite articles is what would disney do which discusses what walt disney would in this amazing new world of technology. Now with the recent market crash I am wondering what warren buffet would do - the last time he gave an interview he said he was sitting with more than 50 billion dollars of cash - and he dint know any decent company that was worth his while. He has been recently investing in Burlington Northern and has invested over 4 billion in that co . I am wondering what he would do with the rest of the 46 billion. Will he go out and start buying now - what will he buy - my guess is he will go back to old fundamental stocks - probably stocks like GE/Amex(which has fallen quite a bit) - will he buy the beaten down sectors like housing/financial companies. Whatever he might be doing, I am sure he is just waiting there for a correction like this and has his mouth watering for opportunities like this! somewhat like how slip catchers are waiting on a bouncy track in cricket:)but will he look at investing in India?

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