Seems like Buffett is taking MONSTER stakes in several companies, should we be buying too?
Goldman Sachs, General Electric and I'm sure there's more to come.
Best Answer
457 points
SallyG answered one year ago …
I tink I'd rather buy a few shares of BRK.B, and let him make the deals. He has the clout and the cash that I don't, which is what those companies in which he invests are looking for. It seems that people agree with me, as his shares are up quite a bit from their low. Glad to hear that he's bought into GE, as I own some and it has gone down since I bought it.
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3963 points
MNSL answered one year ago …
Yes, we should buy stocks if we can identity-winning stocks and good stocks with long-term potential.
I think there are lifetime opportunities in some sectors through out the world now.
Big money has holding power and they can lift the stock prices as well.
435 points
larryat36 answered one year ago …
If you are investing for the long term I think the answer would have to be yes. Try to get in on a down day when these stocks are at an attractive buying point.
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Lee answered one year ago …
How can you go wrong following Buffit? I've seen nothing but success in his investing strategy's.
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