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Old 05-04-2008, 10:46 AM   #8 (permalink)
Octavian
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Join Date: Mar 2006
Location: Boston
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Quote:
Originally Posted by vogues157 View Post
Yeah it's interesting that even though Buffett is saying that the worst is over, he's not jumping head first into the financials. Instead he's still buying into recession proof industries like Wrigley. People still buy gum and candy in bad times.
Well this is exactly my point... on one hand, Buffet's saying the worst for stocks is over but on the other, he's saying that it does look like a recession and a rough one at that.
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