Buffett, Gates: Worst is behind us

[Omaha Steve]

Source: Omaha World Herald-AP

NEW YORK (AP) -- Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.

"The financial panic is behind us," said investor Warren Buffett, who recently made what he called an "all-in wager" on the U.S. economy by acquiring railroad Burlington Northern Santa Fe. "The bottom has come in stocks. Don't pass on something that's attractive today."

Sitting facing each other in an auditorium filled with nearly 1,000 cheering people at Columbia University in New York, Buffett, CEO of investment company Berkshire Hathaway Inc., and Microsoft co-founder Bill Gates fielded questions from Columbia Business School students on the recession, investing, mentors and what's the next Microsoft.

There were at first reassurances that the U.S. economy had not collapsed since the last time the two sat in front of a student audience, in Nebraska in 2005.

Read more: http://www.omaha.com/article/20091112/NEWS/711129756

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FULL story and photo at link.

[Demeter]

1. Get It In Writing and Collect the Money--Pride Goeth!

Well, the Sage of Omaha may have just jumped the shark.

[defendandprotect]

2. W is starting a new right wing org to put more "free enterprisers" in Congress -- NO re-regulation!!

Also heard someone on the Schultz radio show today on the actual DEBT . . . hmmmm!!!!!!!!!!!

They enjoyed their corruption so much this time and our bailing them out that they're going

to let us do it over and again!!

And . . . that's "free enterprise" for us -- welfare for them!

[skoalyman]

3. Buffett, Gates: Worst is behind us

:rofl: :rofl: :rofl: :spray: :spray: :spray: :popcorn: :applause: :woohoo:

[gtar100]

4. By "us" he means them, not *us*.

Buffett is certainly not a man of the people. Guess he's got a few more lessons to learn, like the real value of money and where it comes from (that be us, the workers...the ones who actually turn material into wealth).

[TygrBright]

5. uh, Dudes... Behind YOU maybe...

...with your portfolios recovering nicely and your fire-sale buys starting to recover value.

But then, you don't need a JOB, do you?

Get a brain, morans.

disgustedly,
Bright