Buffett, "The More We Fall, The More We Buy."
For many investors,
equity market
Ups and downs may not be a bad thing.
According to Reuters reports, the recent stock market trend has made the "one day trading" popular, and the sharp fluctuations in the stock market have brought investment opportunities.
Buffett, a well-known investor, told the fortune magazine that there will be no two recession in the US economy.
In an interview published Thursday in the magazine, Buffett also expressed his understanding.
Standard & Poor's
Why downgrade Boxill Hathaway's rating outlook, but does not agree with the premise of the downgrade, that is, the credit rating of the United States has been lowered.
Buffett told fortune's executive editor, Andy Saywell, that he was not buying the market because of the market crash. Instead, he was taking advantage of the market turmoil this week.
He reiterated that there is no indication that the new recession is approaching.
"The harder I fall, the more I buy.
Yes, we are entering. "
Buffett also pointed out that the current situation has never been better.
Buffett also said in the interview that he did not see any new signs.
Economics
It will continue to get worse, but it also acknowledges that if market conditions change further, things may change.
"As of now, all industries are gradually recovering, and even the situation in Europe is not that bad."
Buffett said.
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