Tuesday, October 5, 2010

Buffet - Hinting at Bond Bubble?

Investors buying bonds at the prevailing high prices are 'making a mistake,' billionaire investor Warren Buffett said.

Buffett, speaking Tuesday at Fortune's Most Powerful Women Summit in Washington, said it's "quite clear stocks are cheaper than bonds" now. He added that he "can't imagine" the rationale for adding bonds to your portfolio at current prices.


Article here:  New warning from the oracle

Question:  Is his stable of insurers pulling out of the bond market or ceasing their fixed income activities?  Thought not.

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About Me

A student of the markets that has held portfolio management, analysis and trading positions for over 15 years.