After water, kps got nothing. just have the gof club, jv with sp setia. Lost confidence- down. Puncak down= worry the deal wont get through + lost core business- water.
Warren Buffett said he's not at all discouraged that the stock market is under pressure today due to the conflict in Ukraine.
In a live interview on CNBC's "Squawk Box," Buffett said, "When I got up this morning, I actually looked at a stock on the computer (for) the trades in London (of a stock) that we're buying, and it's down and I felt good." He would only acknowledge it is an "English" stock. "We were buying it on Friday, but it's cheaper this morning and that's good news." Will he buy more? "Absolutely."
Play Video Where Buffett finds investment opportunities Warren Buffett, Berkshire Hathaway chairman & CEO, explains why he doesn't solely depend on the macro view when making investment decisions. Buffett recalled that he bought his first stock in 1942, just after Pearl Harbor, when the macro situation didn't look very good, either.
Buffett also rejected the idea the U.S. stock market is "rigged." He said he doesn't think of the stock market as a market at all. To him, it represents "American business." He argued the market's sheer size gives him comfort, "It's pretty hard to rig 20 trillion-plus dollars."
(Read only: In letter, Buffett admits to $873 million mistake)
Play Video How Buffett plans to take care of his widow Warren Buffett, Berkshire Hathaway chairman & CEO, shares how he intends to take care of his wife financially in his will. Echoing a theme from his letter to Berkshire Hathaway shareholders released Saturday, Buffett said nonprofessionals don't need to be experts to do well with stocks. He recommends they buy a Vanguard S&P 500 stock index fund, which mirrors the overall market's performance.
An index fund keeps costs low, which Buffett said is tremendously important when investing, because fees act like a tax on returns.
Buffett said that in his will he recommends that 90 percent of the money for his wife should go into an index fund. Why not Berkshire stock? "That would be fine, too," he replied, but he doesn't like "touting" it.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wealthyman
34 posts
Posted by wealthyman > 2014-02-27 09:21 | Report Abuse
1.91/ 1.92